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Deutsche Bank adds two to pensions group

Deutsche Bank has added two actuaries to its European insurance and pensions group in London. Paul Stanworth has moved from Royal Bank of Scotland, where he was head of insurance asset and liability management; while Norman Peard is moving from the…

Cost cutting prompts departures at West LB

German commercial bank West LB is to close its trading operations in London as it transfers more of its business to Düsseldorf. The decision to cut costs has already led to two senior departures at the bank.

China Construction Bank makes top-level appointments

China Construction Bank has appointed Pang Xiusheng as chief financial officer and Zhu Xiaohuang as chief risk officer. The two new positions are part of a major revamp of the bank’s risk management structure, and both will take up their posts…

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