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Citi Staff Said To Get Sweet Deal

Vikram Pandit

Among Vikram Pandit’s last jobs as Citigroup’s CEO was to decide the fate of the bank’s hedge-fund unit, which employs some of his oldest colleagues. He agreed to give them most of it for free.

People News - C Suisse, UBS

For Hire

Credit Suisse has hired Ahmed Badr as head of equities for the Middle East and North Africa based in Riyadh as the investment bank shifts operations away from Dubai.