Citigroup profit slumps in Q2
Lower revenues in the securities and banking division
- By: James Langton
- July 16, 2010 July 16, 2010
- 08:20
Lower revenues in the securities and banking division
Overall net redemptions decline from May
Acquisition brings together two leaders in the field of risk reporting for hedge fund investors
Asset management net income was up 11%
International equity limits revised; new synthetic Canadian money market category added
CSTO transition plan does not alter Quebec’s opposition
Suit alleges Montreal branch was aware of irregularities in Jones’ account
Bambrough continues in his role as president; Eric Sprott assumes the position of chairman
Fund managers concerned over outlook for U.S. equities
Many employees are expected to join StepStone Group and Lexington Partners
Survey reveals that risk management costs will continue to escalate
Strong domestic franchise supports bank’s international growth strategy
Prospects for U.S. and Asian equity markets rank high
Aon plans to integrate Hewitt with its existing consulting and outsourcing operations
NYSE to provide WSE with the trading platform for its cash and derivative markets
Shareholders set to vote July 23
Autonomy of investment teams and the focus on achieving results by individual portfolios inhibited sound risk management culture
N.Y. flat after bargain hunting
Acquisition beefs up bank’s oilpatch presence
Dow posts triple-digit gain
Outlook worsens for Canadian financial stocks
RBC cracks top 10 list of global wealth managers
Execution of bank’s U.S. retail and commercial banking strategy remains a challenge