City Insider: Deutsche banker captures NY regulator's attention

Deutsche's misdeeds: Painting by numbers

"City trader by day, painter by night," is how Shivani Mathur is described on her website. Now she has become the most senior female banker to be caught up in the Libor interest rate trading scandal. The Calcutta-born Deutsche Bank MD in London is one of seven employees who came to the attention of the New York Department of Financial Services over alleged misconduct but who remain employed by the bank. Mathur, who joined Deutsche in 2008, could not be reached for comment on Thursday.

The DFS, which did not name any of the seven employees, said it "orders the bank to take all steps necessary to terminate" their employment. Deutsche, which has paid $2.5bn to US and UK regulators over Libor, has started disciplinary action against all seven.

"I do not know when I had my first brush with art," says Mathur in a poem on her website. It features her colourful oil paintings that have been exhibited in the UK and US. "I love watching plants grow. I love smiling eyes. And I love a tube of rich blue paint," reads the poem. Mathur may have more time to play with her rich blue paint in future.

Ray Entwistle: Banking Union

The prospect of "neverendum" that's hanging in the air is not stopping Scotland's first new private bank in more than 30 years from opening its doors. Hampden & Co, run by chairman Ray Entwistle and CEO Graeme Hartop, sits across Charlotte Square from the old site of Adam & Co, the private bank (now part of RBS) that Entwistle once ran. The unionist tells City Insider: "Would I be open to higher taxes if it kept the UK together? Yes. Internationally, it's very important."

Hampden's launch marks the end of a five-year journey, which began under the name Scoban but was renamed last year after insurance adviser Hampden invested. It's named after 17th-century English patriot John Hampden. Entwistle says: "He persuaded King Charles not to come up to Scotland and rape and pillage and kill clan chiefs and all the rest of it." Unionism in extremis.

Beacon Awards: Extolling philanthropy

Hedge fund manager David Harding, educational philanthropist Sir Peter Lampl and Barclays chief operating officer Jonathan Moulds were among the individuals honoured on Tuesday night at the annual Beacon Awards. The annual prizes, held at the old City of London Boys' School, are a celebration of UK philanthropy.

Mark Carney: Marathon man

Canadian. Barely 50. The image of the "rock star regulator". Mark Carney, below, was always going to be a different sort of Bank of England Governor. On Sunday, "call-me Mark" will try to run the London Marathon in under four hours. He once ran Ottawa in 3'48" and has been doing 5am training. So the bar is high.

Undaunted, a few City rivals are joining him in a Business Leaders team. Head of the posse is Jayne-Anne Gadhia, boss of London Marathon sponsor Virgin Money (though she's a first timer and expects to take five hours-plus). Barclays chief Antony Jenkins is a seasoned marathoner, but his best time - 4'12" in Chicago - dates back a decade. Toughest will be ex-Travelex boss and Ironman Peter Jackson, who has done 3'40". Race times are one thing. The real rivalry is over fundraising (for Cancer Research UK). Here,Gadhia is hot on Carney's heels: with £60,000 raised, she's£2,000 behind the cantering Canadian. Can she muster a sprint finish?

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