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Wall Street decathlon expands

Wall Street Bull

The Wall Street Decathlon, the annual two-day fitness competition that’s become a favourite of weekend warriors in New York’s financial community, is getting bigger.

People News: Morgan Stanley

Departure

Thomas Doster, the head of Morgan Stanley’s principal investment business, is preparing to start a money management firm that will purchase assets from the bank.

Citigroup to fall under ECB supervision

Citi Building Canary Wharf

Citigroup’s move to simplify the legal structure of its banking operations in Europe will probably place it under direct supervision by the continent’s central bank for the first time, said two people with knowledge of the matter.

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Deutsche Bank - Foyer Bridge

People News: Canaccord, Deutsche Bank

Canaccord Genuity Group has promoted Dan Coyne to lead U.S. investment banking as part of a reorganization that includes cutting institutional high-yield fixed-income trading in the U.S. and the loss of 15 jobs.