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189 Results from /people, 2008

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Furse calls for regulators to intervene on vertical silos

London Stock Exchange (LSE) chief executive Clara Furse has called on the UK's regulators to act to prevent a "domino effect" of spreading anti-competitive behaviour in the exchange clearing business.

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Bats makes first appointments in Europe

US-based ECN operator Bats Trading has hired former Euronext Liffe MD Mark Hemsley and Morgan Stanley veteran Paul O'Donnell to head its new European operations.

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Call centre worker gaoled for data theft

A former Royal Bank of Scotland (RBS) call centre worker has been gaoled for his part in a data theft scam that resulted in the theft of £33,585 from seven customer accounts.

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Credit crunch to cost 20,000 City jobs

As many as 20,000 City jobs will be culled over the next two years as a result of the global credit crunch, according to a report from the centre for economics and business research (CEBR) which warns that the employment downturn will be worse than during the dotcom crash.

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Capital One cuts 750 UK jobs

US credit card firm Capital One is axing 750 jobs at its operations in the UK and shifting most of the roles to offshore locations.

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Icap to buy equity derivatives broker Link

UK-based interdealer broker Icap has signed an agreement to acquire equity derivatives outfit Link Asset and Securities for a total consideration of £250 million.

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Barclaycard steps up contactless card roll out

Barclaycard says it plans to issue over a million contactless payment cards across the UK this year.

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HSBC to shutter Livingston processing centre

HSBC is shutting down a payments processing centre in Livingstone, Scotland, leading to the loss of 164 jobs.

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Verifone CFO quits after accounting probe

Verifone says its chief financial officer (CFO) Barry Zwarenstein has quit the company following an accounting probe that found the US eftpos vendor had massively overstated its operating profit for the first nine months of 2007.

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Fair Isaac cuts 420 jobs

Fair Isaac, the Minneapolis-based provider of credit scoring technology, is cutting 420 jobs and shedding several business units under a restructuring programme designed to boost revenue and cut costs by $100 million a year.

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RBS hires Reuters CIO Lister

David Lister, currently chief information officer (CIO) at Reuters, is joining Royal Bank of Scotland as chief architect.

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Citi to hire Lloyds TSB retail chief Dial

Citi is set to hire Terri Dial - who is currently head of retail banking at UK bank Lloyds TSB - to revive its struggling US consumer business.