In Shift, Kelly to Chair Citi's Global Banking

Citigroup said finance chief Gary Crittenden will become chairman of the entity created for noncore assets, with global banking chief Edward Kelly succeeding him.

By Jim Van Meerten: There are many investors who are looking for the banking sector to pay them back for the beating they have been taking. Gone are the days when the money center banks were solid investments with a nice fat dividend you could count on. Citigroup (C) has been no exception.

By Leila Abboud and Sophie Sassard PARIS/LONDON (Reuters)

LONDON (Reuters) - Citigroup Inc has appointed vet

Global investment bank Nomura has announced the appointment of Peter Meurer as executive chairman for the firm in Australia. Meurer joined Nomura three years ago as as chairman of Investment Banking, Australia, having previously been vice chairman of Citi Australia. He brings more than three decades of experience in investment banking and stock broking to [...]

Citigroup is set to announce its second quarter earnings on Monday, July 16. The banking giant is likely to end up with lower figures compared to Q1 2012 as well as Q2 2011 with increased volatility in the global markets over the last three months driving sales and trading revenues [...]

Reuters - Citigroup Inc appointed on Thursday president Barack Obama's former budget director as a global banking vice chairman.

Citigroup appointed on Thursday U.S. president Barack Obama's former budget director as a global banking vice chairman.