News Formal

Citi combines its stock trading and prime brokerage business

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Citigroup is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other ...

REUTERS: Citigroup is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other investors.

The new unit, named Equities and Securities Services, will be co-led by Dan Keegan, Okan Pekin and Murray Roos. Keegan will also become head of markets and securities services for North America in addition to the new role.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tokyo: Stocks open lower[TOKYO] Tokyo stocks opened lower on Monday, shrugging off rallies on Wall Street as investors remained cautious amid corporate earnings season. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks close down after more protests[HONG KONG] Hong Kong stocks closed lower Monday amid investor caution ahead of US-China trade talks and more civil unrest in the financial hub. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »