Citigroup has laid out plans to build up its private bank by doubling the number bankers in North America over the next several years. The growth comes as the recovery for the wealthy is well underway.
Strong performance so far this year could point to a recruiting rebound at larger, more established shops. Meantime, the rush of liquidations that shook the industry has abated.
Related: Hedge Funds
Bloggers like Felix Salmon may be all for the creation of a consumer financial protection agency, but since no one listens to bloggers, the government has enlisted the next highest group on the food chain to help shill for the cause: celebrities.
The London-based bank is planning to start trading operations in the country and is hiring Swiss franc currency traders, reported the German business paper Handelsblatt.
T. Rowe Price Group Inc. is an investment management organization based in Baltimore, providing mutual funds, sub-advisory services, and separate account management.