Citigroup Inc. moved to bolster its investment-banking operations in France, including two senior bankers from UBS Group AG because it continues to faucet its Switzerland-based rival for expertise. Gregoire Haemmerle is becoming a member of Citigroup as head of France company and funding banking in addition to the U.S. financial institution’s investment-banking operations for different […]
Last week, on the Crypto Evolved convention in New York, a consultant for the Federal Bureau of Investigation said that America’s prime regulation enforcement company presently has one hundred-thirty lively investigations associated to cryptocurrency. Agent Kyle Armstrong famous that this quantity was however a “small sliver” of the hundreds of instances the FBI was engaged […]
Cerberus Capital Management on Monday provided $125 million to purchase the private-equity enterprise of embattled Abraaj Group of Dubai, individuals accustomed to the matter stated, amid a struggle with collectors over Abraaj’s debt-restructuring plan. Abraaj’s executives are pinning their hopes on the Cerberus bid to convey stability whereas it really works out monetary obligations with […]
(Reuters) – A Chicago fund supervisor that suffered catastrophic losses in a market plunge this yr has blamed the actions of its dealer, a Wells Fargo & Co unit, in line with courtroom paperwork filed on Wednesday. FILE PHOTO – The signal at a Wells Fargo banking location is pictured in Pasadena, California, U.S., September […]
Commodities dealer places up resistance because it searches for ‘white knight’ investor SOURCE: Oil & Gas – Read whole story here.
The financial institution stated it will retain full possession of its Swiss common financial institution and increase further capital via a share sale because it continued restructuring. SOURCE: NYT > DealBook – Read complete story here.