According to the newspaper, Geithner and Fink spoke no less than 49 during the 18 months between January 2011 and through June this year - an average call of once every 11 days. Not that's what you call influence!
In the meantime, Bloomberg reports that Bank of America named Henrietta Baldock chairwoman of European financial institutions investment banking.
CKC Capital LLC, which will begin operating in January, will focus on high-yield debt including distressed companies, Yanney and Baer said in a telephone interview. The firm, which will be based in New York, is planning to invest through a fund with an initial size of $250 million.
Stephen Branton-Speak, the head of metals trading at Goldman Sachs, is set to retire after 15 years and after playing a key role in steering the $2.25bn sale of the London Metal Exchange, sources told Reuters on Friday.
Finally, Reuters also reports that UniCredit has said it has hired Waleed El-Amir, previously the Middle East and North Africa investment banking head for Bank of America, to head its funding and investment portfolio business globally.