Harold Kim, managing director and head of structured products for Asia-Pacific at Citi in Hong Kong, is considering other opportunities at the bank after his current role fell victim to a reorganisation.
Swedish hedge fund manager Brummer & Partners has appointed Citi to be depositary and prime broker for its Carve fund.
Smart beta solutions were originally developed for equities, but now some of the key product providers such as Lyxor Asset Management are offering the same approach for bonds.
Sciens Capital Management Group has appointed Farhang Mehregani (pictured) chief investment officer of Sciens Alternative Investments.
Vikram Pandit, CEO of Citigroup, is leaving his job with immediate effect, the company's board has announced.
The struggle to find yield from the most liquid assets is leading fund managers and asset allocators to consider different types of liquidity in their portfolios.
Citigroup is to pay out $590m to shareholders in one of the biggest settlements connected to the global financial crisis, after it was accused of hiding its subprime exposure during the 2008 crash.
Global sukuk issuance for 2012 is expected to reach a new all-time high, more than doubling the pre-crisis record total set in 2007, according to the Zawya Sukuk Monitor.
Citi is predicting a 90% chance of Greece exiting the eurozone in the next 12-18 months.
The probability of a Greek exit from the eurozone has increased from 75% to 90%, according to new research published today by Citigroup.
Morgan Stanley is revamping its business to target wealth management as an answer to a slump in revenues from trading and investment banking, but questions remain about the bank’s ability to turn its business round after its 2Q earnings missed their target....
Citi, the third largest US bank by assets, announced a fall in second quarter profits and revenues, due to the sale of a stake in Turkey’s largest bank and other troubled assets it sold off after the 2007-08 crisis.
RBS and Lloyds, the two UK tax-payer backed banks, are among a dozen financial groups being investigated for manipulating the Libor rate, which resulted in a record £290m regulator fine for Barclays.
Fund selection could be set to "step back 20 years in regards to the end client" because of regulatory changes occurring in Europe, the US and Asia, according to fund buyers and managers speaking at the Fund Forum event in Monaco yesterday.