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UBS drops LCH.Clearnet in favour of X-Clear (at FT.com) UBS , the largest single provider of trading liquidity on the London Stock Exchange, will next week become the first LSE user to switch its clearing from LCH.Clearnet to the Swiss clearing provider X-Clear.
Europe Markets: Europe stocks end higher in choppy session; Tesco, BA rise (at MarketWatch) European shares ended higher Tuesday in a volatile session, as a turnaround for oil majors, strong gains from U.K. supermarket giant Tesco and a possible merger for British Airways countered more losses for mineral extractors.
Harris Appoints Christopher McComish Executive Vice-President & Head of Retail Banking (PR Newswire) Harris today announced the appointment of Christopher McComish as Executive Vice-President & Head of Retail Banking, Harris Community Bank.
Didier von Daeniken: Trick is to find the right team (at FT.com) Recruiting Didier von Daeniken to head Barclays private banking operations in Asia-Pacific last year was widely seen as a coup in the wealth management industry.
Schlumberger shares fall on dismal 2008 outlook (AP) Shares of Schlumberger Ltd., the world's largest oilfield services company, fell sharply on Wednesday after the company said its full-year 2008 profit will be below analysts' estimates.
Ahead of the Bell: Marvell Technology shares rise (AP) Shares of Marvell Technology Group Ltd. rose in premarket trading Wednesday after analysts said the chip maker is doing a good job controlling its expenses and improvement is likely in store in the second half of next year.
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