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People News: Citi, C Suisse, SocGen


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.

Trader claims Citi shared central bank data with clients

Citi Building Sign

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.

Ex-Nomura traders plead not guilty

American courtroom

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.

9 / 11 - A witness to destruction

Tribute in Light

'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.



Ba Baracus A Team

T-Man makes Citigroup billions

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.