PIMCO

PIMCO is a global investment solutions provider with more than 1,400 dedicated professionals in 11 countries focused on a single mission: to manage risks and deliver returns for clients.

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PIMCO appoints next CEO

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PIMCO has announced that the firm’s Managing Directors have appointed Emmanuel (Manny) Roman as PIMCO’s next Chief Executive Officer.

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Pimco sues Citi over mortgage securities

Pacific Investment Management Co. sued Citigroup over the bank’s role as trustee for $13.8bn of mortgage-backed securities made toxic when the housing bubble burst, leading to "substantial damages."

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