Citi says equities derivatives unit "doing well" in Q2
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Exclusive: Deutsche Bank faces $1.1 billion bill to exit derivatives
Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters......»»
Citi combines its stock trading and prime brokerage business
Citigroup Inc is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other investors......»»
Citi hires JPMorgan asset management executive for Asia equities business
Citigroup said on Thursday it has hired Curt Engler, a senior executive from JPMorgan's asset management business in New York, as its Asia Pacific head of equities execution services......»»
JBA arranges $38M in financing for 80-unit Greenpoint building
Jonathan Aghravi of JBA Equities announced that his team has secured a $38 million loan for ground-up construction at 30 Kent Street, an 80-uni.....»»
Citi combines rates and currencies businesses
Citigroup Inc said on Monday it is combining its Foreign Exchange & Local Markets and G10 currencies businesses into one unit......»»
Deutsche Bank prepares to cut jobs in U.S. equities, prime unit, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Citi Shares Slump After Revenue Growth Stalls in Consumer Unit
An unexpected bounce in bond trading wasn’t enough to counter a lack of growth in Citigroup Inc.’s sprawling consumer division......»»
Market Snapshot: Stock futures steady as investors await Goldman, Citi results
U.S. stock-index futures tread water Monday, ahead of earnings from Goldman Sachs Group Inc. and Citigroup Inc., which investors were hoping would provide some direction for equities at the start of the week......»»
Citi to start new consumer-payments unit, WSJ reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Japan market watchdog seeks $1.2 million fine against Citi, alleges JGB manipulation
Japan's SESC market watchdog said on Tuesday it had recommended a $1.2 million fine against the British unit of Citigroup Inc for alleged manipulation of Japanese government bond (JGB) futures prices......»»
Citi fires eight Hong Kong traders after review finds misconduct: sources
Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an internal probe revealed misconduct in their dealings with clients, people with knowledge of the matter said......»»
Citi Sees Bumpy Ride for India Stocks as It Lowers Sensex Target - Bloomberg
BloombergCiti Sees Bumpy Ride for India Stocks as It Lowers Sensex TargetBloombergFatigue seems to have set into Indian equities after last year's rally took the $2.3 trillion market into.....»»
NSE, MCX in merger talks, could submit proposal to Sebi this month
The merger will help NSE and MCX cement their leadership position both in the equities and commodity derivatives space.....»»
Citi, Deutsche Bank, ANZ served with criminal cartel charges in Australia
(Reuters) - Australia's competition regulator said on Tuesday that criminal charges had been laid against Australia and New Zealand Banking Group, a local unit of Citigroup and Deutsche Bank relating to cartel offences over a $2.3 billion share issue......»»
Citi says Consumer unit may see more than $1.5B in cost cuts
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Derivatives trading continues to sizzle as banks report stellar second quarter earnings (C, JPM, BAC)
Reuters / Kevin Lamarque Wall Street banks have followed up their stellar 2018 debut in stock trading with another robust performance in equities in the second .....»»
Goldman Sachs has poached an up-and-coming equities trader from Barclays — bolstering a lagging business for the Wall Street giant (GS)
REUTERS/Danny Moloshok Goldman Sachs has hired an up-and-coming equity derivatives trader from Barclays, according to FINRA records and people familiar with the mat.....»»
Citi is shaking up its consumer bank — and a key executive is out (C)
Larry French/AP Citigroup is shaking up its $33 billion consumer banking unit. The bank announced Monday several changes in the top rungs of management within its Global Consumer Banking division in an effort to "align our structure with our strategy," St.....»»
JonesTrading General Counsel Fired After Arrest For Sex With Minor
The general counsel of JonesTrading - an equities and derivatives broker-dealer used by institution.....»»
China Stocks Opening to Foreign Investors
Chinese stocks will be added to a key benchmark run by a unit of the London Stock Exchange Group next year, further opening up mainland equities to international investors. FTSE.....»»