01/08/2013

Senior hires announced for GLG's macro and fixed income platform

Opalesque Industry Update - GLG, the discretionary investment manager of Man Group plc announced a number of senior hires to its macro and fixed income team. The appointments are part of a focus on expanding GLGs strategy as it relates to absolute return

01/07/2013

Tax expert joins Thomas Eggar’s private client team

Previously a Director at Berwin Leighton Paisner, he also worked as a senior investigator in the Special Compliance Office of the Inland Revenue with a focus on high-profile cases of suspected tax avoidance and evasion.

01/07/2013

UBS Plans 10,000 Job Cuts, Raises Profitability Goal

“We think that most likely UBS will have to restructure again,” Spick wrote. The Zurich-based bank will probably be “back to a pure private client service business plus cash equities...”

01/06/2013

Citi CEO announces management team

Citi Chief Executive Officer Michael Corbat today announced the roles and responsibilities of the members of his management team

01/06/2013

Citigroup Fires Private Bank CIO

Chief Executive OfficerMichael Corbat, 52, said in December that Citigroup will cut about 11,000 jobs, while also shutting branches and pulling back from some emerging markets as revenue dries up at global banks.