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The last thing anyone in Washington wants to do is to introduce more chaos and uncertainty at the world’s most troubled bank. For that reason, I suspect that the persistent…
Citi had more news today on another round of musical chairs in the executive suite. John Gerspach, the bank’s former chief accounting officer, will be the new chief financial officer—the…
In case you hadn’t noticed, investors are getting a lot more comfortable with risk in the financial sector—albeit with one standout: Citigroup. Tim Backshall at Credit Derivatives Research notes today…
BusinessWeek's Adrienne Carter, Jessica Silver-Greenberg, and David Henry deconstruct the mysteries of high finance, Wall Street, and hedge funds for pros and ordinary investors. E-mail them directly if you've got tips about big deals, a hedge fund, or even securities industry gossip.