Jeffrey French News
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Global regulators may start overseeing currency rates in a widening response to benchmark- rate setting scandals that began with revelations on the manipulation of Libor, two people familiar with the matter said.
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Citigroup Inc.’s co-chief country officer and head of corporate and investment banking for France, Eric Coutts, left the company as the lender reduces staff, according to a person with knowledge of the matter.
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Citigroup Inc., the third-biggest U.S. bank, rehired Yonatan Gozdanker as head of European cash trading almost three years after he departed to join Russia’s Renaissance Capital.
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Citigroup Inc. promoted Imraan Moola and Rory Hill to run equity-derivatives trading in Europe, replacing the region’s equities boss Ronan Connolly, two people familiar with the matter said.
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Bank of New York Mellon Corp. filed a court petition seeking approval of an $8.5 billion settlement with Bank of America Corp. over residential mortgage- securitization trusts.
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Citigroup Inc. hired Marc Francis as head of mid-cap equities for Europe, the Middle East and Africa to replace Andy Moon , who has left the firm to join rival Barclays Capital.
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Citigroup Inc., the third-biggest U.S. bank by assets, will let managers of its hedge funds own part of the business ahead of rules that limit shareholders’ cash in the unit, Chief Operating Officer John Havens said.
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UBS AG’s decision to become first- confessor as regulators probe the alleged manipulation of interest rates will ratchet up the risks for other banks that set the benchmark for $360 trillion of securities worldwide.
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Citigroup Inc. has hired Chris Few to join the bank’s mid-cap equities team for Europe, the Middle East and Africa as a director and senior trader.
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Citigroup Inc. carried out some of the natural gas trades that are being investigated by the Office for Gas and Electricity Markets and the Financial Services Authority.
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