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Redington eyes bespoke service with new hires

The consultant has made two further additions to its team as it works to meet demand for tailored services

Meet Michael Corbat: The new CEO of Citigroup

The new chief executive of Citi cut his teeth in investment banking at the preeminent bond house of the 1980s, Salomon Brothers, but his career in business began while a student at Harvard

State Street adds assets despite drop in revenues

The world’s second largest custodian hails its ‘continued resilience’ after assets under management grew 8% in the third quarter

Citigroup chief Pandit clashed with the board

Citigroup's Vikram Pandit abruptly stepped down as chief executive following a clash with the board over strategy and operating performance at businesses

Goldman boosted by Investment & Lending turnaround

Investment & Lending unit swing drives profits as US bank benefits from revenues rise in trading, advisory and underwriting work

Citigroup chief executive Vikram Pandit resigns

Pandit has stepped down after five years at the helm and is replaced by Michael Corbat

Corporate bond yields set to fall further

Decline in bond yields has further to go as demand stays high, market participants say

Goldman Sachs swings to third quarter profit

The US bank beats estimates as investment banking revenue surges 49% and fixed income revenue rises sharply

Derivatives giants map routes to Asia growth

NYSE Liffe and Eurex have announced plans aimed at deepening their ties with Asian banks and brokers, and with other regional exchanges

Proposed sale of alternative share trading platform heightens speculation that the fledgling sector faces a fresh round of consolidation

Axa Private Equity appoints NY head to board

Axa signals growing importance of secondaries with appointment of Benoît Verbrugghe to its executive board

Axa looks to alternative property investments

Axa Real Estate Investment Managers is aiming to double the value of its non-traditional assets under management over the next three years

UBS CFO says $2.3bn trading loss 'adversely' hit relationships

The most senior executive at the Swiss bank to give evidence so far in court case against Kweku Adoboli recounts how staff had to spend ‘significant amount of time’ explaining ‘the safety, strength and security’ of business

The planned IPO of social networking site YY on Nasdaq could break the deadlock of Chinese firms listing in the US

The telecom company's initial public offering, set to be the biggest in Germany since 2007, starts bookbuilding tomorrow

The new service forms part of the interdealer broker's diversification away from the traditional voice-broking business

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