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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
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- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
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- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
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- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Citigroup Brings in Heavyweight for Institutional Client Group
Citigroup has brought on Samuel Di Piazza, Jr, former CEO of PricewaterhouseCoopers, the major accounting and consulting firm, to help its faltering investment bank rebuild after the financial crisis. Mr. Di Piazza, who retired from PricewaterhouseCoopers in 2009, will be a Vice Chairman in Citigroup's institutional clients group and a member of the bank's senior strategic advisory group. He's expected to attract international institutions as Citi clients.
Mr. Di Piazza is the latest in a string of veteran bankers and government figures that Citigroup has hired over the past year, as the 3rd-largest U.S. bank slowly recovers from the financial crisis. Other prominent hires:
- Peter Orszag, U.S. President Obama's former budget director, who joined the bank as a senior adviser late last year.
- Doug Baird, a top equity capital markets banker from rival Bank of America earlier this month. [Reuters 5/23/11]
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