‘Citi Global Wealth’ Launches Citi officials report that they have spliced together the bank’s Global Consumer Banking (GCB) and the Institutional Clients Group (ICG) and formed a “unified wealth management organization” dubbed Citi Global Wealth, that will yield one streamlined, integrated platform to serve clients ranging from those in affluent segments to ultra-high net worth… Read More >>
DTCC Partners with Symphony for DXM Service
Symphony to Enhance DTCC Exception Manager Service The New York City-based Depository Trust & Clearing Corp. (DTCC), a post-trade market infrastructure provider for the financial services industry, reports that it has signed an agreement with Symphony, a cloud-based messaging and collaboration platform. The agreement “significantly expands communication and collaboration capabilities within the DTCC Exception Manager… Read More >>
Deutsche Bank Fills Top Posts for IT Innovation
Deutsche Bank Taps Two to Lead Innovation Efforts Deutsche Bank reports that Elly Hardwick has been named head of innovation and Philip Milne has been named chief technology officer (CTO) for innovation. Hardwick, who joined the bank in early December, will lead the bank’s innovation activities and manage the Deutsche Bank Labs globally, the bank… Read More >>
Bill Miller Parts Company with Legg Mason
Miller Acquires LMM from Legg Mason Noted fund manager Bill Miller is leaving asset manager Legg Mason via an agreement in which Miller will acquire all of Legg Mason’s interests in LMM LLC (LMM), according to Legg Mason officials. Miller’s successful stockpicking run during the 1990’s helped raise the profile of Legg Mason. The agreement… Read More >>
