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Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


Regulatory

Of politics and pay

How to fix executive compensation rules without breaking the companies.


Industry Insight

Before the honeymoon ends

Thinking differently about conflict resolution.


Judgment Call

The price of R&D

FAS 141(R): A new source of shareholder litigation against innovation-driven companies?



Entries tagged "Citigroup"

Pink slips on Wall Street

HSBC and Wells Fargo are among the latest firms in layoff headlines.


Krawcheck joins the BofA CEO list

The arrival of Citigroup alumna Sallie Krawcheck was the impetus for the recent management changes at BofA, and the talk of Ken Lewis succession plans.


Movers & shakers: July 31, 2009

Bank of America Merrill Lynch expanded its corporate banking business, hiring Christopher Impey as managing director and head of Canada corporate banking. Impey will join...


Movers & shakers: July 27, 2009

UBS Investment Bank appointed Stuart Hendel as global head of prime brokerage. It also named Mitch Moore global head of exchange-traded derivatives. Both report to...


Movers & shakers: July 20, 2009

Oppenheimer & Co. tapped Michael Murphy and Tom Mulkeen as managing directors in the taxable fixed-income sales and trading department. They will report to Robert...


Movers & shakers: July 15, 2009

Perella Weinberg Partners LP said Christopher Bittman will join its asset management group as a partner. Bittman (pictured) was formerly chief investment officer of the...


Movers & shakers: July 14, 2009

Citigroup Inc. is reportedly losing two mergers and acquisitions bankers. Reuters, citing a person familiar with the matter, said Mark Todd will join Barclays Capital...


Movers & shakers: July 13, 2009

Independent corporate advisory firm Lexicon Partners said Henry "Hal" Clark III will join the firm as a senior adviser in New York. He will help...


Movers & shakers: July 7, 2009

Citigroup Inc. named Shengman Zhang chairman of Asia Pacific, Stephen Bird and Shirish Apte as CEOs of Asia Pacific, and Bill Mills and Alberto Verme...


Movers & shakers: July 1, 2009

Barclays Capital, the investment banking division of Barclays Bank plc, made several appointments to its Latin American equity research team. They are: Roberto Attuch Jr.,...


Movers & shakers: June 24, 2009

In September, Goldman, Sachs & Co.'s co-head of mergers and acquisitions for Asia, excluding Japan, Johan Leven, will leave the bank. Richard Campbell-Breeden becomes sole...


Movers & shakers: June 23, 2009

Citigroup Inc.'s Ajay Banga, chief executive of Citi Asia Pacific, will leave the firm to become president and chief operating officer at MasterCard Inc. He...


Not a bankruptcy renegade

Quinn Emanuel Urquhart Oliver & Hedges' Susheel Kirpalani.


Reality hits infrastructure on Wall Street

Departures from Wall Street firms' infrastructure units have recently been in the limelight.


Movers & shakers: June 19, 2009

John Bennett will join Gartmore as a senior portfolio manager on the European equities team. Bennett will come in from GAM, where he has spent...


Movers & shakers: June 12, 2009

Morgan Stanley said Henry McVey, who earlier worked at the firm for 10 years, is returning as head of global macro and asset allocation for...


Movers & shakers: June 11, 2009

Shad Quraishi was appointed vice chairman and head of business development and strategy for NewOak Capital's integrated advisory, asset management and capital markets businesses. Quraishi...


Davis Polk dines on OpenTable

OpenTable's shares rose 60% on their first day of trading -- the biggest first-day gain in 18 months. But will this mark an end to the IPO drought?


Movers & shakers: June 5, 2009

Citigroup CFO Ned Kelly and vice chairman Lewis Kaden sign off on the hire of Morgan Stanley's James von Moltke as head of corporate M&A.


Movers & shakers: June 3, 2009

Former Bear Stearns Cos. CEO Alan Schwartz joined privately held financial services firm Guggenheim Partners LLC as executive chairman. Schwartz chose not to stay with...


Movers & shakers: May 22, 2009

Barclays Capital hired Matthew Ponsonby and Mark Warham as co-heads of mergers and acquisitions, Europe. Working from London, they report to Paul Parker, head of...


Movers & shakers: May 20, 2009

On July 1 in London, Stefan Jentzsch will join Perella Weinberg Partners LP as a partner in its advisory group. Jentzsch (pictured) was a member...


Movers & shakers: May 19, 2009

Ford Fraker (pictured), former U.S. ambassador to Saudi Arabia and former chairman of private investment banking firm Trinity Group Ltd., is now a senior adviser...


The exception

The rules are different for financial gods like Warren Buffett. And doesn't the media know it.


Big, bigger and too big

Arguments proliferate about just how large a financial sector the U.S. should be.


Alpha Natural wrestles with debt financing

Cleary Gottlieb's Ethan Klingsberg advised Alpha on its $2 billion Foundation Coal deal.


Risk arbitrage: May 18, 2009

Citi raised its exchange offer and Agrium bumped its hostile offer for CF Industries after losing the battle for its board.


Movers & shakers: May 11, 2009

Barclays Capital, the investment banking division of Barclays Bank plc, hired Sam Dean as a managing director, co-head of global equity capital markets, in its...


Movers & shakers: May 7, 2009

Moelis & Co. hired Kasim Kutay as a managing director in London. He will lead development of its European healthcare practice and provide advisory services...


Inside Fortress

Don't believe everything you hear about the publicly traded buyout shop and hedge fund. While it has been battered, it's hardly defeated--and now opportunities in distressed investing are emerging again.


Now for the main event

Chrysler's bankruptcy sets the stage for an even bigger public-private drama at General Motors. That's no accident.


Swapping systems

So far, ICE is ahead in the race to dominate the credit default swaps clearinghouse game, but whether the entire system makes sense is another question.


Asia hand

Business Development Asia's Euan Rellie.


Movers & shakers: April 30, 2009

Ken Lewis' role as CEO and chair of Bank of America Corp. has been split.Walter E. Massey became chairman while Lewis remains as president and...


Movers & shakers: April 29, 2009

Piper Jaffray & Co. expanded its public finance banking and municipal trading group with three hires in New York. John Coan joined as a managing...


Movers & shakers: April 24, 2009

Citigroup Inc. named Deborah McWhinney head of Citi Personal Wealth Management. After retiring as president of Charles Schwab Institutional in 2007, McWhinney (pictured) was CEO...


Movers & shakers: April 23, 2009

Moelis & Co. said Mark Aedy will join the firm in June as head of Europe, Middle East and Africa investment banking, based in London....


Rigors of rehab

The market for debtor-in-possession loans is alive, but it's expensive, picky and creditor-friendly -- yet DIPs are needed more than ever before.


Skadden's NextRx step for Express Scripts

Skadden Arps' Lou Kling (pictured) and Howard Ellin team advised Express Scripts on its NextRx deal.


Shearman helps Dow go salt-free

Dow Chemical used Shearman & Sterling's George Casey (pictured) and Daniel Litowitz on its Morton sale.


Movers & shakers: April 17, 2009

Peter Taylor recently became executive vice president and chief financial officer of the University of California system, a new position. Taylor (pictured) was with Barclays...


Movers & shakers: April 15, 2009

In advance of closing of its joint venture deal with Citigroup Inc.'s Smith Barney, Morgan Stanley named heads for the unit, with Ray Harris, interim...


Movers & shakers: April 7, 2009

Mike Corbat, who was interim-CEO of Citigroup Inc.'s Citi Holdings, will remove the interim from his title. Corbat had been CEO of Citi's global wealth...


Can private equity play the infrastructure game?

With buyouts moribund, new players have poured into some of the longest-term, low-return, politically sensitive assets out there.


Liquidity diet

The secondary market for private equity interests is growing.


Cravath sunny about solar

Covington & Burling's Jack Bodner and William Collins advised OptiSolar in its pipeline sale to First Solar.


Movers & shakers: April 2, 2009

Mark Carhart and Raymond Iwanowski, co-heads of Goldman Sachs Group Inc.'s quantitative-investment group and Global Alpha hedge fund, are retiring, as is research co-head Giorgio...


Movers & shakers: March 31, 2009

Omaha-based Berens & Tate will combine its practice with workplace law firm Jackson Lewis LLP. Labor and employment lawyer Kelly Berens (pictured) becomes managing partner...


In search of the uber-mensch

AIG chairman Edward Liddy takes his lumps testifying before Congress.


From sidekick to star

While debt markets remain quiet, the retained corporate broker is at the center of the U.K.'s financing action.



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