Bank of America Corp.’s wealth- management division President Sallie Krawcheck has given retirement services head Andrew Sieg added responsibility over a unit managing investment products.
BusinessWeek.com — Finance
Euro-area finance chiefs struggling to break a deadlock on how to enroll investors in a second Greek rescue without triggering a default said they may need more time to reach a deal.
BusinessWeek.com — Finance
European finance chiefs are divided on how to involve private investors in a second bailout for Greece and stave off the euro area’s first sovereign default without running afoul of the European Central Bank.
BusinessWeek.com — Finance
A bailout for Greece must include “voluntary” investor participation and meet the approval of central bankers, Luxembourg’s Jean-Claude Juncker said, seeking to narrow a dispute over the second Greek rescue in two years.
BusinessWeek.com — Finance
A bailout for Greece must include “voluntary” investor participation and meet the approval of central bankers, Luxembourg’s Jean-Claude Juncker said, seeking to narrow a dispute over the second Greek rescue in two years.
BusinessWeek.com — Finance
Citigroup Inc., the third-biggest U.S. bank, shut a $ 400 million hedge fund that used the firm’s money and mathematical models to bet on stocks, according to a person familiar with the matter.
BusinessWeek.com — Finance
Citigroup Inc., the biggest recipient of U.S. taxpayer bailout support, hired former Bush administration lobbyist Candida “Candi” Wolff as executive vice president for global government affairs.
BusinessWeek.com — Finance
The U.S. and France signaled openness to a greater role for the yuan while stressing the importance of exchange-rate flexibility as Group of 20 officials met in China to discuss the international monetary system.
BusinessWeek.com — Finance
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