Joseph Perella had his smart phone out last night at the Studio Museum in Harlem gala, showing a photograph of Raymond McGuire’s newborn son, Leo, when Mom one- upped him.
Citigroup Inc. , the third-largest U.S. bank, reorganized its investment banking operation after the division suffered through slumping revenue and a series of personnel changes last year.
Daniel Loeb of Third Point LLC didn’t do a yoga pose in a photo booth last night at the Bent on Learning benefit.
Citigroup Inc., the third-biggest U.S. bank, will consider further spending cuts at its securities unit after an investment of almost $1 billion in the business last year failed to boost revenue.
David and Julia Koch paused in front of a 14th-century prayer niche from Isfahan made of blue ceramic tile.
In the ballroom of the Hilton New York -- carpeted for the evening in white Astroturf -- Alvin Ailey dancers strutted onto the dance floor.
Citigroup Inc., the third-biggest U.S. lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average amid slumping revenue, according to a person briefed on the matter.
Citigroup Inc. Vice Chairman Edward “Ned” Kelly will become chairman of the firm’s global banking division, rejoining the unit he headed until last year.