The financial crisis has cast light on some very complex structures that are difficult to understand – and few more so than the board of directors of Citigroup.
Credit Suisse is cutting 10% of its London-based staff with the loss of over 600 jobs as the Swiss bank continues to slash positions across its investment banking business in the wake of the global financial crisis.
The former head of Lehman Brothers’ Indian business has landed the top fixed income role at Nomura as the Japanese bank today finalised the new-look management structure of its wholesale business following the takeover of large parts of its collapsed US rival.