Tagged: News

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Citi’s Wealth Boss Offers Retention Bonuses as Part of Revamp

“We drove the strongest quarter in years in investment flows,” Sieg said. His abrupt personnel changes rankled some executives, prompting bankers to defect. In response, Citigroup offered dozens of retention bonuses to staff, particularly...

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Court Limits FINRA’s Power to Expel Brokerages

“Expulsion would likely put Alpine out of business, and would do so before the SEC performs a full review of Finra’s decision,” wrote Millett, a Barack Obama appointee. Maranda Fritz, a lawyer for Alpine,...

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Meta Must Face Investor Suit After Supreme Court Drops Case

Article 0 Comments The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting...