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By Janet Levaux, AdvisorOne |
October 19, 2012
The heyday of volatility at the big banks could be replaced by a "boring" period, says SNL Financial's Nancy Bush.
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By Janet Levaux, AdvisorOne |
September 25, 2012
Morgan Stanley and Citigroup have agreed on the valuation to be used in pricing Morgan Stanley’s purchase of the remaining stake in the Morgan Stanley Smith Barney joint venture: $13.5 billion for the full business, which includes close to 17,000 advisors.
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By Janet Levaux, AdvisorOne |
September 11, 2012
The price comes in at the low end of the valuation range.
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By Marlene Y. Satter, AdvisorOne |
November 10, 2011
This week in new hires, Fidelity Asset Management announced two new presidents in its fixed income division and SIFMA announced its new president and board members.
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By Joyce Hanson, AdvisorOne |
October 17, 2011
Citing a one-time accounting boost, Citigroup reported a 74% rise in Q3 2011 profits compared with a year ago. Citi CEO Vikram Pandit said the bank continues to pare down its brokerage and asset management units.
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By Janet Levaux, AdvisorOne |
April 18, 2011
Net income drops 32%, but EPS are $0.01 ahead of analysts’ expectations.
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By Janet Levaux, AdvisorOne |
July 27, 2009
Citigroup's board of directors now includes three new outside directors, a new non-executive chair for Citibank, N.A., a new oversight committee for Citi Holdings and...