Citigroup has named Joseph Chang as head of prime finance in Asia Pacific, according to an internal memo obtained by Reuters on Monday.
State Street, the third- largest custody bank, said it will eliminate 630 jobs in its third round of cuts in two years to bolster profit as record low interest rates weigh on revenue from lending.
Credit Suisse said Tuesday it is cutting 150 jobs in its private banking business in Germany as it tries to bolster profitability amid tough market conditions.
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State Street Corporation has announced that Executive Vice President and Chief Financial Officer, Edward J. Resch, 60, has informed the company of his plan to retire in 2013, after more than a decade in the role, following the appointment of his successor and an orderly transition of the function.
Credit Suisse has put its $17.2bn European exchange-traded fund business up for sale, according to sources familiar with the matter.
Four of the 10 largest shareholders at State Street are said to be agitating for the removal of the firm’s CEO or CFO amid growing frustration at its stagnant share price and the pace of cost-cutting.
State Street Corporation has announced the release of its full 2011 corporate responsibility report. Published annually since 2004, the report highlights the company’s environmental, social and governance (ESG) performance over the past year, and its goals for the future.
Goldman Sachs cut jobs and compensation for employees as first-half revenue dropped to the lowest since 2005.
State Street has announced the appointment of Dick Taggart to Senior Vice President and head of Middle Office Outsourcing Operations across North America for the Company’s Investment Manager Services business.
State Street is a leading financial services provider serving some of the world’s most sophisticated institutions. The company offers a flexible suite of services that spans the investment spectrum, including investment management, research and trading, and investment servicing.
State Street Corporation has announced the release of its full 2011 corporate responsibility report. Published annually since 2004, the report highlights the company’s environmental, social and governance (ESG) performance over the past year, and its goals for the future.
Goldman Sachs cut jobs and compensation for employees as first-half revenue dropped to the lowest since 2005.
Here's the latest on the 'Movers & Shakers' front.
State Street Corporation has announced that Charles (Charley) Cooper has joined the company as senior managing director of State Street’s eExchange derivatives program.
