Citigroup has hired Kris Van Broekhoven from Deutsche Bank to lead the new unit, part of its transaction services business, a spokesman said on Thursday.
"We are extremely proud to have been selected by Redhawk Wealth Advisors to provide them with the retirement plan tools, resources and support to help them capitalize on increasing their retirement business," noted Ross Brown, Senior Vice Presid
The fund manager, which runs $3.35trn (£2.11trn) for clients globally, will seek a premium listing on the London Stock Exchange when the trust has its IPO in October.
Virtus, a $40 billion in asset multi-manager mutual fund company, spun out of Phoenix Companies in 2008 with the help of its CEO George Aylward.
Pricing is expected before regular trading opens today in New York, with settlement on Sept. 10, ING said in a separate statement.
The traditionally secretive hedge fund industry is abuzz with chatter over the prospect of joining the wider world of social media, including Facebook, LinkedIn and Twitter, sources told The Post.
North American funds have certainly not been immune from tough markets, and tough investors, over the years.
Principal is seeking investors for the fund, which will be domiciled in Dublin, Adam Lackey, a company spokesman, said yesterday by phone. Tony Chu, a Hong Kong-based portfolio manager, will help oversee the investments.
M&T Chief Executive Officer Robert Wilmers has added about $40 billion to both its loan and deposit books since 2008 through at least four acquisitions, according to data compiled by Bloomberg. With Hudson City, M&T probably will rank 14th by asse
The call comes within days of the decision by a major Paulson client, Citigroup Inc.'s private bank, to stop investing with Mr. Paulson's firm. That move is expected to lead to withdrawals of about $410 million.
Runnfeldt, 46, became co-head of global equities in 2009 along with Brandon Haley and Steve Weller when Citadel started its equity fund.