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.
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.
Richard Landgarten is one reason Citigroup Inc. hasn’t regained its once-dominant position in the resurgent corporate lending market.
Citigroup Inc. has hired three European energy analysts and one equity salesman from Nomura Holdings Inc. as it expands its coverage of oil and gas stocks.
"Their appetite has slowed."
- Stephen Trauber on Aug 18, 2013