Citi has announced that Richard Parsons will not seek re-election to the Board of Directors at the upcoming Annual Meeting of Stockholders in April.
Here's a few links to some interesting Bloomberg, Daily Mail, New York Post, Reuters and Telegraph stories currently doing the rounds.
Cash bonuses paid to New York City securities industry employees are forecast to decline by 14 percent to $19.7 billion during this year’s bonus season, according to an estimate released by State Comptroller Thomas P. DiNapoli.
Here's Thomson Reuters latest Investment Banking Weekly Scorecard.
Here's a few links to some interesting Bloomberg, New York Post and Reuters stories currently doing the rounds.
Credit Suisse has announced the creation of an integrated Securities Research & Analytics Department in the Investment Banking division, aligning the Bank’s global expertise across three areas: Equity Research, Fixed Income & Economic Research, and HOLT.
VTB Capital, the leading Russian investment bank, has announced the opening of its new office in Sofia, Bulgaria, VTB Capital AD.
Forbes Magazine has its 2011 list of the top 40 highest-earning hedge fund managers out.
Here's a little something released by the Office of the New York Comptroller.
Bund buyers beware: Bill Gross is coming.
A lawyer for former Goldman Sachs Managing Director Jason Lee challenged the timing of injuries sustained by a woman who prosecutors say he assaulted at his rented Hamptons beach house.
Bank of America has named Julian Mylchreest as the sole head of its global power and energy banking business, days after he advised Royal Dutch Shell on its $70bn acquisition of BG Group.