Hastings also named chairman and CEO of Citibank Canada
Strong trading activity offsets loan losses
Alexandor to join Toronto team
U.S. parent hopes to raise US$100 million by taking PFSL public in 2010
Important step in simplifying Citi organization
Goldman Sachs profit jumps on trading revenues
Firm will be working with independent advisors to broaden its geographic coverage
Citigroup Inc. is selling its stake in Nikko Asset Management to The Sumitomo Trust and Banking Co., Ltd. for about US$795 million, the U.S. financial services company said Thursday.Under the terms of the deal, Citi will sell its 64% ownership interest in Nikko AM to Sumitomo Trust, including the ownership interest that it holds through […]
The U.S. bank has finalized an agreement that will see the U.S. government exchange a portion of its preferred securities
Peter Charrington will oversee the firm’s private banking activities in the U.S. and Canada