By Patricia Dredze
What's in a name ?
The Financial Industry Regulatory Authority (FINRA) has announced that it has fined Citi International Financial Services LLC, a subsidiary of Citigroup, Inc., $600,000 and ordered more than $648,000 in restitution and interest to more than 3,600 customers for charging excessive markups and markdowns on corporate and agency bond transactions, and for related supervisory violations.
Jefferies has announced its financial results for its fiscal first quarter ended February 29, 2012.
RBC Wealth Management will acquire the Latin American, Caribbean and African private banking business of Coutts, the wealth division of Royal Bank of Scotland Group. The business has client assets in excess of US$2bn.
In case you missed them, here's last week's top stories.
Well, the truth will out - God's bankers weren't Goldman Sachs after all; it was those good old boys over at JPMorgan Chase all the time.
Reuters reports that former Goldman trader Joe Nelson is on a one-man moral mission to kit men out with custom-fit condoms.
Osama Abbasi, Asia Pacific chief executive officer at Credit Suisse Group AG, talks about the company's business strategy for the region and the Asian investment conference that the bank is hosting this week in Hong Kong. Abbasi also discusses China and U.S. economies.
Here's a few links to some interesting Bloomberg, CNBC, Financial Times, Reuters and New York Times articles currently doing the rounds.
HSBC CEO Stuart Gulliver said he was the right person to run Europe's biggest bank and fix problems of the past after British lawmakers berated it for allowing 'industrial-scale tax avoidance' at its Swiss arm.
March is National Bed month, the annual campaign to ensure we all understand the benefits of getting the right amount of high quality sleep each night.
Key business figures are set to battle it out for a top gong at Britain’s ‘Gay Oscars’ next month.