Finance Source:

Citi's next CEO — Wall Street's return to office — Banking bootcamp

Summary List Placement  It may have been a short workweek, but there was no shortage of big Wall Street news. Citi announced that CEO Michael Corbat will be retiring next year and Jane Fraser, currently the firm's president and head of consumer banking, will be taking the helm. Fraser's elevation to CEO marks the first time a woman... go to Article >

Inside Ray McGuire’s decision to jump from Citigroup to running for New York City mayor, and the biggest challenges he’ll face in trying to win the...

10 Days ago Finance Source:

Summary List Placement When Citigroup announced in September 2018 that it was shaking up its investment banking operations, the personnel moves brought an end to Raymond McGuire's 13-year run managing the bank's merger advisory business. The... read more

From an executive shakeup to a $400 million fine from regulators: Here's all you need to know about tumultuous times at Citigroup

19 Days ago Finance Source:

Summary List Placement It's been a complicated month for Citigroup. The third-biggest US bank by assets shocked Wall Street in September when it announced Michael Corbat, Citi's chief executive, would be retiring in February. Jane Fraser, the... read more

Morgan Stanley's bond-trading bonanza — Payments tech salaries — Fannie Mae shakeup

10 Days ago Finance Source:

Summary List PlacementHappy Saturday! Big bank earnings season was in full swing this week. From top execs laying out the rationale behind dealmaking to shedding some light on their plans for the future of the physical office, here are some of... read more

Citi's next CEO — Wall Street's return to office — Banking bootcamp

45 Days ago Finance Source:

Citi taps Jane Fraser as next CEO, a top alt-data buyer exits Coatue; Wall Street return-to-office plans, Amazon Music leases space in Brooklyn. read more

The CEO of Refinitiv says flexible working has boosted productivity and is here to stay at the $27 billion data giant: 'It's not going back to...

34 Days ago Finance Source:

Summary List Placement Things will never be the same. It's a common refrain frequently used over the past six months, as the world grapples with which changes made during the coronavirus pandemic are likely to stay in place for the long haul.... read more

S&P Raises AMC Theatres Credit Rating From ‘Selective Default,’ Maintains Negative Outlook

81 Days ago Gossip Source:

Standard & Poors Global Ratings on Friday raised AMC Entertainment’s credit rating to CCC+, meaning the company is at “substantial risk,” from its previous SD, or “selective default” — when an issuer is in default on one or more of its... read more

Citigroup is freezing out hedge funds who refuse to return Revlon money by ignoring their Bloomberg chats and depriving them access to CLO loans

42 Days ago Finance Source:

Summary List Placement Citigroup is playing hard ball. The bank is locked in a battle with a dozen hedge funds and investment firms who have refused to return the money the bank mistakenly sent on behalf of cosmetics firm Revlon last month.... read more

The 24 quant power players driving the future of hedge funds, from well-known billionaire founders to under-the-radar data chiefs

88 Days ago Finance Source:

Quants have gone from a niche practice to a dominant player — the largest and most important hedge funds in the world are heavily influenced by, or completely committed to, computer-run strategies. The future of quantitative investing is under... read more

Meet the 9 gatekeepers of alternative investments at major wealth firms like UBS, Merrill Lynch, and Wells Fargo shaping how the wealthy are...

36 Days ago Finance Source:

Summary List Placement The business of managing the financial lives of the super-rich — and even those who aren't so wealthy — is scrambling to find ways to get alternative investments into the hands of investors.  Alternatives, or investments... read more

How 7 lawyers landed jobs as general counsel at fintechs like Lemonade, Toast, and Stash — and their advice for thriving at a startup

70 Days ago Finance Source:

In-house gigs at companies are often highly coveted among young lawyers seeking to zero in on a single business and finding generally better work-life balance. Fintechs especially rely on their general counsel to provide legal advice, as they... read more