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T-Man makes Citigroup billions

Ba Baracus A Team

The memo landed on a Sunday in November. It was 2007, and securities backed by subprime mortgages were roiling markets and imperiling banks. Merrill Lynch CEO Stan O’Neal had just resigned under pressure, and Citigroup CEO Chuck Prince was rumored to be on his way out.




Top firm CEO to step down next year

ABN Amro Group Chief Executive Officer Gerrit Zalm is stepping down in 2017, saying the bank needs a longer-term leader following its break up and return to the stock market.

European Flag

Brexit vote brings slowdown to M&A deals

Britain's shock vote to leave the European Union chilled deal making activity involving British companies to the lowest level in at least two decades as bosses grapple with what Brexit will cost, Thomson Reuters data shows.