Hints and tips:
...Citigroup has been in a far worse position after divesting Smith Barney near the market bottom....
...Last month Citigroup began accepting corporate credit from BlackRock and Schroders as collateral for trades in the repurchase — or repo — market to build their defences against future shocks....
...SMITH BARNEY: Smith Barney. They make money the old fashioned way....
...But his eponymous company is now embroiled in a corporate fiasco unfolding on London’s junior stock market, involving a supplier of red carpets to the royal family, DD’s Rob Smith reports....
...Reporting by Robert Smith, Sarah White, Arash Massoudi, Leila Abboud, Adrienne Klasa, Barney Jopson and Ivan Levingston....
...S&P Global’s US composite purchasing managers’ index was the trigger for the sell-off....
...Credit Suisse loses top dealmaker to Citigroup Credit Suisse has lost one of its most senior remaining dealmakers to Citigroup, as the beleaguered Swiss lender prepares for a restructuring of its investment...
...Smith has blamed the end of “easy money” and warned too much monetary tightening could lead to recession....
...DNP dominates both of these niche markets and Elliott appears convinced that the company is worth more than its $6.3bn market capitalisation....
...Not that the 27 Citigroup analysts who just touched down in Málaga have noticed....
...Morgan Stanley inherited from Smith Barney....
...Powerpoints and paella: a junior analyst’s paradise Málaga: home of Pablo Picasso, golden sand beaches, and — eventually — 30 Citigroup employees....
...Markets briefing: Global commodity prices are on track for their biggest weekly rally in more than five decades as the war in Ukraine triggers “exceptional moves” in raw materials from oil to wheat....
...The trading scandal that shook Japan Inc When Japan’s financial regulators raided the offices of the country’s third-largest broker SMBC Nikko last year in a probe into alleged market manipulation, they...
...That is, except for the ones that gave their money back to Citigroup....
...Citigroup has promoted Ignacio Gutiérrez-Orrantia to head of its investment banking operations in Europe....
...“Markets at some point have to respect the present tense rather than just look ahead,” added Mr McCormick....
...Travelers was itself a collection of merged businesses, including its eponymous insurance arm, the Smith Barney brokerage and the Salomon Brothers investment bank, and Citigroup went on buy more companies...
...Citigroup appointed its corporate broking head Andrew Seaton to chair its UK capital markets and advisory arm. It also named James Fleming and Jan Skarbek as co-heads of the division....
...Our resident capital markets expert Rob Smith’s memorable interview with short-seller Carson Block — watch it back here....
...In Europe last year, the average leveraged buyout used equity for more than half of the deal’s enterprise value, according to data from S&P Global....
...Nevertheless, Fraser has kept high spirits through some of Citi’s most challenging jobs — heading strategy as it emerged from the financial crisis, reshaping its private bank after the Smith Barney deal...
...The 62-year-old Australian has a history of crisis-time acquisitions, having wrested control of brokerage Smith Barney from Citigroup in the aftermath of the financial crisis in 2008....
...’s Smith Barney....
...He joins from the Dubai office of Herbert Smith Freehill where he worked as a senior associate....
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