Sunday, 28 December 2014
Last updated 3 days ago
Mar 20 2008 | 12:57pm ET
Citigroup has announced a further 2,000 job cuts, with the ax is expected to fall particularly hard on its investment banking, trading and alternative investments groups.
The Wall Street giant—buffeted by losses linked to the subprime mortgage market collapse, and having already slashed some 30,000 jobs since September—said it expected a large number of job cuts in its institutional clients group, which includes hedge fund and private equity services.
The bank did not say how many jobs would be lost in the institutional clients group. The cuts are expected by the end of the month.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.