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94 Results from /people, "Citi"

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Citi axes 670 UK jobs

US banking group Citi is closing down its Future Mortgages and CitiFinancial lending units in the UK, leading to the loss of 670 jobs, including 400 call centre roles.

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Gresham names Sepkes executive chairman; posts widening losses

UK financial software house Gresham Computing has recruited industry expert Eric Sepkes as executive chairman as it looks to boost its business and reverse a slide in revenue and profits.

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Citi to hire Lloyds TSB retail chief Dial

Citi is set to hire Terri Dial - who is currently head of retail banking at UK bank Lloyds TSB - to revive its struggling US consumer business.

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Merrill Lynch hires Sanzone as chief administrative officer

Merrill Lynch has hired Thomas Sanzone - currently chief information officer (CIO) at Credit Suisse - to oversee its global technology, operations and corporate services groups.

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Citi shelves sale of Indian BPO unit - report

US banking giant Citigroup has temporarily halted the sale of its business process outsourcing (BPO) unit in India, according to local press reports.

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Fidelity Investments taps Citi tech chief Adams

US mutual fund manager Fidelity Investments has named Citigroup's chief information officer (CIO) Marvin Adams as president of its shared services division, which includes its technology, operations and real estate units.

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Indian m-payments outfit PayMate eyes North American remittance market

Indian mobile payments company PayMate is targeting the growing cross-border remittance and unbanked markets in North America by opening a new office in California.

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Citi Asia to consolidate technology operations at new Singapore facility

Citi is investing S$220 million in a new 400,000 square foot facility in Singapore that will house three of its technology and operations departments and some 4000 staff.

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EuroCCP names Citi's Diana Chan CEO; Merrill's Trevor Spanner COO

EuroCCP - the DTCC clearing and settlement subsidiary that will provide services to Project Turquoise - has named Citi's Diana Chan as its new CEO and Trevor Spanner from Merrill Lynch as COO.

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Citi invests EUR170m in 'greenest' data centre

US banking giant Citi is spending EUR170 million to build one of the "greenest" data centres in the world in Frankfurt.

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Boat gears up for November launch; Turquoise board appointed

Project Boat, the European trade reporting platform that is being established by nine City investment banks, will start reporting two-thirds of the EU's off-exchange share trades when it launches in November.

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Citi bond traders indicted over 'Dr Evil' trade

Italian magistrates have indicted seven former Citigroup traders on charges of market manipulation in the sale and repurchase of government bonds on the MTS electronic fixed income network three years ago.