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Thursday July 3, 2:22 AM

MOVES-Merk, RBC Capital, Northern Trust, HSBC

July 2 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, please e-mail moves@thomsonreuters.com.

MERK INVESTMENTS LLC

Merk, which manages the Merk Hard Currency Fund, has hired William Poole, a former top U.S. central bank official, as its senior economic adviser. Poole, a former economics professor at Brown University, was president of the Federal Reserve Bank of St. Louis until March 2008.

NEW STAR ASSET MANAGEMENT LTD

The hedge fund manager said it appointed a new head of alternative investment, Donald Pepper, who will be joining the company in September 2008. Donald joins New Star from Merrill Lynch International, where he is head of prime brokerage sales in Europe, the Middle East and Africa.

RBC CAPITAL MARKETS

The investment bank appointed Flavio Paparella as a director and head of institutional structured products sales for Latin America. Paparella was most recently with Bank of Ireland, where he headed the financial institution's desk that included Latin American banks.

NORTHERN TRUST CORP

The financial services firm hired Michael Wu as deputy chief representative of Northern Trust's Beijing representative office, as the corporation focuses on continuing to develop in mainland China.

BARCLAYS CAPITAL

Barclays Capital's chief financial officer in Asia, Peter McNulty, is leaving after more than six years in the job, banking sources told Reuters. McNulty had joined Barclays Capital, the investment banking arm of Britain's third-biggest bank, in Hong Kong in 2002 from Credit Suisse First Boston. [ID:nSFC000034]

HSBC AMANAH

Khaled Rasheed has been named as the new Middle East and North Africa head of the Islamic unit of HSBC Holdings Plc , the company said. [ID:nL02503215] (Compiled by Kuganandhan Paramanandan in Bangalore and Jessica Hall in Philadelphia)

 


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