James Forese, the popular head of securities and banking at Citigroup, was offered the chance to become the bank’s President and COO shortly after the surprise resignations of Citi’s CEO and President and Chief Operating Officer, Vikram Pandit and John Havens, according to someone familiar with the matter.
Greg Smith, the former Goldman Sachs employee who infamously quit Wall Street via a New York Times article in March, says the investment bank routinely took advantage of charities and pension funds in order to increase its profits.
John Mack, the former head of Morgan Stanley, is going into business with a 77-year-old tax lawyer who oversees more than $15bn in investment assets for clients such as ex-basketball star Magic Johnson and the founding family of Estee Lauder Cos.
Most Villa fans will have been disheartened after losing 1-0 to Fulham, Simon Bunn looks if there are any reasons not to be.
Michael A.J. Farrell, who built Annaly Capital Management into the world’s largest mortgage real estate investment trust, has died after being diagnosed with cancer earlier this year. He was 61.
Michael Cardillo, the former Galleon Group portfolio manager who pleaded guilty to insider trading, provided 'extraordinary' help in cases against former Goldman Sachs director Rajat Gupta and former Galleon trader Zvi Goffer, U.S. prosecutors have said.
The Securities and Exchange Commission, which began probing Facebook's May 17 IPO after its stock price plummeted, hasn’t found evidence that the company withheld material information from investors, a person familiar with the matter said.
The winger has been undertaking his coaching badges, and will decide after Christmas whether this will be his last season as a player.
Sunderland manager Martin O’Neill has expressed his disappointment at his side’s home fans chanting in ‘poor taste’ at Newcastle’s Steven Taylor.
There were plenty of goals around Europe as league leaders Bayern Munich, Barcelona and Juventus all won, with PSG going top of Ligue 1.