Topic: Securities and Commodity Contracts Services
Barclays seen on lookout for U.S. bank deal
Reuters US Online Report Business News
LONDON (Reuters) - Barclays <BARC.L> is on the lookout to buy a retail bank in the United States, according to reports, to build on its successful investment bank build-up there and create a buffer against regulatory reform. The British bank's shares dipped 2 percent on Wednesday after ...
Citigroup exec to join Morgan Stanley: report
Reuters US Online Report Business News
(Reuters) - Gary Shedlin, who was most recently chairman of Citigroup's <C.N> investment banking effort for financial institutions, focusing on client relationships, is departing to join Morgan Stanley <MS.N>, Bloomberg said citing a person with knowledge of the matter. Shedlin notified Citigroup of his ...
Former Birmingham mayor gets 15 years for bribery
AP News
Former Birmingham mayor gets 15 years for taking thousands in bribes for lucrative bond workFormer Birmingham Mayor Larry Langford was sentenced Friday to 15 years in federal prison for taking clothes, Rolex watches, loan payments and cash worth more than $240,000 as bribes in return for lucrative bond work ...
Morgan Stanley strikes deal to sell China bank stake: report
AFP Asian Edition
US banking giant Morgan Stanley has reached a deal to sell its 34.3 percent stake in investment bank China International Capital Corp., a report said Thursday, citing CICC's chairman. The sale of Morgan Stanley's entire stake in CICC is still pending regulatory approval in China, bank chairman ...
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