Peter Babej News Today

Viswas Raghavan, a competitive and ambitious dealmaker, is hired by Citigroup CEO Jane Fraser to lead the struggling Wall Street operation. Raghavan will oversee the advisory, capital markets, corporate, and commercial banking businesses amid a decline in revenues and dealmaking.

Jane Fraser, Chief Executive Officer, Citi, Note to colleagues below from CEO Jane Fraser. I am pleased to share that Viswas Raghavan will join Citi as Head of Banking and Executive Vice Chair of...

Viwas Raghavan will report to Citigroup CEO Jane Fraser and is expected to join in the summer, Fraser wrote in an internal memo.

Morgan Stanleys compliance policies are a matter of personal pain.

Citigroup (NYSE:C) has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters. “The economics of these activities are no longer viable given our commitment to increase the firm’s overall returns,” ...

The decision by Citigroup to exit its municipal bond business unwinds another part of the "financial supermarket" amassed by Sandy Weill a quarter century ago.

By Tatiana Bautzer NEW YORK (Reuters) - Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo se...

(CTN News) - According to a memo obtained by Reuters, Citigroup has decided to cease its municipal underwriting and market-making............

Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters.

Citigroup (C) is shutting down its municipal bonds business, as leadership deemed the units economics are "no longer viable." Based on a memo from Head of Markets Andy Morton and