Citigroup Inc. hired a group of UBS AG energy investment bankers, including Stephen Trauber , the global head of the business and one of the Swiss bank’s top dealmakers.
The need to reduce the environmental risk from shale-oil drilling is boosting the allure of Heckmann Corp. and Poseidon Concepts Corp. as takeover targets.
Anadarko Petroleum Corp. anointed a former investment banker as its new chief executive officer as the company’s growth in U.S. shale fields and deep-water projects has secured its spot as the largest U.S. independent oil and natural-gas producer.
Oil companies are hitting the brakes on a U.S. shale land grab that produced an abundance of cheap natural gas -- and troubles for the industry.
Richard Landgarten is one reason Citigroup Inc. hasn’t regained its once-dominant position in the resurgent corporate lending market.
"Their appetite has slowed."
- Stephen Trauber on Aug 18, 2013