Citigroup has promoted James von Moltke to treasurer, filling a job left vacant earlier this year when Eric Aboaf left to become Citizens Financial Group’s chief financial officer.
Citigroup sent details of its central bank customers' trading activity to another client and handed out details of its foreign exchange order book to customers in electronic chatrooms, a former foreign exchange trader said in a witness statement to a London court on Thursday.
Three former Nomura traders are set to go to trial in November on charges that they defrauded investors by inflating the prices of mortgage-backed securities in the wake of the U.S. financial crisis, even as prosecutors wait to find out if a similar case will be thrown out on appeal.
Cross-Border M&A activity totals $1.04 trillion, up 24% compared to YTD 2014 levels
As any child knows, an apology doesn’t count if you cross your fingers behind your back while making it.
Here are a few posts sent in by our readers, describing what happened to them on September 11th, when the terrorists struck the Twin Towers:
'I live on west 57th Street, and my apartment faces south. On a good day, out my windows, even as far north as I am, I could see the top of the Towers jutting above the tree lines of the buildings.
Global growth will slow this year as oil exporters in the developing world struggle to cope with lower energy prices, the World Bank has said in its half-yearly economic health check.
Nomura has declared a Trump presidency a major market risk, predicting turbulence ahead if the presumptive Republican nominee takes up residence in the White House.
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.