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Citigroup to make redundancies - memo

Citi Building Sign

Citigroup is set to make a round of redundancies within its markets and securities business in the Europe, Middle East and Africa region, according to an internal memo sent to staff Tuesday and seen by IFR.

'UBS is the problem'

Pointing Finger

The former UBS banker whose cooperation with the U.S. helped expose tax evasion by thousands of Americans says the bank used similar practices elsewhere and he’s eager to help European governments.



London At Night

Hedge fund demands for London office space drops

Hedge funds and private equity firms took the least amount of office space in central London since the start of 2012 in the first quarter, according to broker Cushman & Wakefield, as sputtering global growth and increased regulation deterred startups.