15 articles found within the last year.
Displaying results 1 - 15
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Crisis fails to dent largest banks' market shares
Massive changes in the investment banking industry over ... The findings appear in a report published this ... Bank of America Merrill Lynch, Citigroup and UBS ... Goldman Sachs’ share of the global investment banking ... JP Morgan, which has a market share of ... Credit Suisse's analysts wrote: “Across the industry, the...
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Singapore's GIC suffers $41.6bn loss
The Government of Singapore Investment Corporation suffered a ... "The equities investments suffered the most, followed by ... The person said GIC's portfolio now stands at ... GIC is the world's fourth largest sovereign fund ... Earlier in the day, GIC said in its ... However, it said, the recent rebound in global...
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Ex-Citi analyst leads new research boutique
A group of financial services professionals from the ... Consumer Equity Research received FSA authoristation this month ... The group will be chaired by Seth Peterson, ... The group has three other principals: Charles Allen, ... The business will be solely focussed on global...
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Citigroup To Cut Italy Workforce, Sell Private Banking Unit
Citigroup will cut its Italian workforce from 1,000 ... The paper cites an interview with Citigroup's Chief ... The paper says that William Mills is in ... The Italian country manager Giuliano Malacarne is expected ... "More than a diet, I prefer to talk ... -Rome Bureau, Dow Jones Newswires; 39 06 69766923...
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Barclays Wealth scoops Citi risk heavyweights
Barclays Wealth has made two senior hires for ... Dominic Stearns joins as managing director and global ... Carmen Menendez-Puerto joins as managing director, head of ... She will report to Alan Williams, global head...
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Europe’s star performers guide clients in turmoil
To describe the past year as “difficult” for ... As if that weren’t enough, laws aimed at ... Electronic trading specialists had to guide their clients ... Head of European client trading and execution, UBS ... UBS led the pack at Financial News’ buyside ... Allison joined UBS in 1997 as an options...
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How safe are Citigroup's European private bankers?
Things were a bit different back then, but ... Assets under management at Citi's EMEA wealth management ... Needless to say, all private banks are suffering, ... Despite this, Citi still appears heavily committed to ... Citigroup declined to comment on its plans for ... One insider points out that the EMEA wealth...
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Weill accelerates $170m gift to hard-up University
Former Citigroup chief executive and chairman Sandy Weill, ... The medical college, which lost one-third of its ... Weill and his wife Joan, who run the ... Weill's challenge will match contributions by other members. ... The news comes after the latest report from ... Cornell Medical College's foundation had roughly $5.4bn at...
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Fund managers prepare second swing of the axe
The asset management industry looks set for a ... Employees at Schroders were yesterday told to expect ... A spokeswoman from Schroders would not confirm the ... "This process includes a review of headcount as ... In the US, Capital Group, which until October ... These firms were two of the first asset...
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Comment: Wealth industry sobers up
Soon after he left Merrill Lynch to become ... A number of advisers at Merrill and Morgan ... The policy produced a tense atmosphere, with a ... This mission to squeeze fees out of high ... Everything changed this week, as Gorman's approach was ... Gorman reckons the Citigroup deal will cut costs...
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Help wanted: Wall Street stockbrokers, no joking
With investment bankers desperate for deals and traders ... While Morgan Stanley and Citigroup are still negotiating ... Citigroup's board Monday morning blessed the deal in ... While some key details still need to be ... At Morgan Stanley, for example, the unit that ... Another sign of the resilience that brokerage operations...
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Citigroup and UBS settle deal on payback
Investors with auction-rate securities from Citigroup and UBS ... Under final settlements announced Thursday with regulators that ... Citigroup already has bought back $6.2bn (€4.6bn) of ... On October 31, UBS started to make a ... UBS declined to specify exactly how much it...
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Pandit blames over-concentration in property and trading
Vikram Pandit, chief executive of Citigroup, which accepted ... In an hour long interview with PBS's Charlie ... Last week, Citigroup became the latest Wall Street ... At the weekend it was forced to accept ... According to a transcript of the interview published ... Pandit, who took over as chief executive from...
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News analysis: Shorting is not the problem for Citigroup
As Citigroup became the focus of fevered speculation ... Vikram Pandit, the bank's chief executive, quickly called ... In a statement released on Thursday last week, ... Cox said: "In addressing turbulent market conditions, it ... However, the latest market data from dataexplorers.com, which...
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Share slump drags Citigroup from top 15
Citigroup, the biggest bank in the world by ... Citigroup's share price fell to $5.00 (€3.98) in ... On November 4, Citigroup's shares were trading at ... Citigroup had been the world's biggest bank by ... British bank HSBC is now ranked third in ... The table is dominated by Chinese banks, with...
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