Swiss voters have rejected a proposal that would have limited executive pay to 12 times that of the lowest paid. . .

http://www.bbc.co.uk/news/business-25076879#

Deutsche Bank AG (DBK), Europe’s biggest investment bank by revenue, plans to more than triple its Irish workforce over the next three years to exceed 1,000 employees. . .

http://www.bloomberg.com/news/2013-11-15/deutsche-bank-plans-to-more-than-triple-irish-staff.html

A former JPMorgan Chase executive accused of helping to hide trading losses in a $6.2 billion financial scandal at the bank rejected on Friday a U.S. extradition request, which will now rest in the hands of courts in his native Spain. . .

http://www.reuters.com/article/2013/11/15/us-jpmorgan-whale-spain-idUSBRE9AE0D820131115?feedType=RSS&feedName=businessNews

Total pay for the directors of the UK’s top businesses rose 14% over the past year driven by a huge jump in share-based long term incentive payments, a pay research company has found. . .

http://www.bbc.co.uk/news/business-24983178#

Lloyds Banking Group has sold Scottish Widows Investment Partnership (SWIP) to fund manager Aberdeen Asset Management in a £660m deal. . .

http://www.bbc.co.uk/news/business-24983186#

US investment bank JP Morgan has agreed to pay $4.5bn (£2.8bn) to investors who  lost money on mortgage-related securities during the financial crisis. . .

http://www.bbc.co.uk/news/business-24967010#

Deutsche Bank AG and Barclays Plc (BARC) lost a court bid to stop companies from linking claims about the manipulation of benchmark rates to lawsuits initially filed over improper sales of interest-rate hedging products. . . .

http://www.bloomberg.com/news/2013-11-08/barclays-deutsche-bank-lose-bid-to-block-u-k-libor-lawsuits.html

The FCA have published the findings from our review that assessed whether asset managers are effectively mitigating the risks relating to outsourcing.

http://www.fca.org.uk/news/thematic-reviews/tr13-10-outsourcing-in-the-asset-management-industry

The European Central Bank (ECB) released  the Banking Structures Report, which analyses the main structural developments in the euro area banking sector: the capacity, consolidation and concentration of banks and related changes over time. The report covers the period from 2008 to 2012 and includes indicators for the first half of 2013.

http://www.ecb.europa.eu/press/pr/date/2013/html/pr131104.en.html

Shares in RSA Insurance Group have plunged after the company suspended Philip  Smith, chief executive of RSA Ireland, and two other senior executives

http://www.bbc.co.uk/news/business-24895425#