Citigroup is eliminating two senior positions in its Institutional Clients Group as part of an effort to streamline the company's management ranks, according to a person familiar with the plan.
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Bank of America’s traders posted gains every business day during the first quarter as Morgan Stanley’s lost money in eight sessions, double the rate a year earlier.
The prime brokerage unit of Bank of America Merrill Lynch has hired former Morgan Stanley executive Deepak Abraham as head of capital strategy in Asia Pacific, according to an internal memo seen by Reuters.
Bank of America's Merrill Lynch has appointed Yacine Amor head of equity capital markets for Central and Eastern Europe, Middle East and Africa, a spokeswoman for the bank said