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Reuters - Citigroup to boost equities

Citi Building Canary Wharf

Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalise on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank's plans.

Wall Street firms losing talent

Wall Street sign

Wall Street firms have been bleeding talent to hedge funds, buyout firms and technology companies. Now they’re facing another predator: smaller banks in states like Ohio and Rhode Island.

Ex-JPMorgan advisor expected to plead guilty

Gavel

A former investment adviser at JPMorgan Chase is expected to plead guilty in September, after federal prosecutors in New York charged him with taking at least $22m out of client accounts to use for his own purposes.

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Citi Building Canary Wharf

Reuters - Citigroup to boost equities

Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalise on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank's plans.

Wall Street sign

Wall Street firms losing talent

Wall Street firms have been bleeding talent to hedge funds, buyout firms and technology companies. Now they’re facing another predator: smaller banks in states like Ohio and Rhode Island.

JPMorgan's Dimon to Face Analysts on Trading Loss

Bloomberg's Dawn Kopecki reports that Jamie Dimon will seek to restore investor confidence this week after a trading loss wiped out $39bn of JPMorgan's market value and marred his reputation as one of the industry’s best risk managers.

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Citi Building Canary Wharf

Reuters - Citigroup to boost equities

Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalise on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank's plans.

Wall Street sign

Wall Street firms losing talent

Wall Street firms have been bleeding talent to hedge funds, buyout firms and technology companies. Now they’re facing another predator: smaller banks in states like Ohio and Rhode Island.