Exclusive: Citi aims to boost equities franchise amid industry shakeout

A Citigroup office is seen at Canary Wharf in LondonBy John McCrank and Olivia Oran NEW YORK (Reuters) - Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank's plans. COURTING HEDGE FUNDS Citi has catered to traditional asset managers, but is now shifting its attention to hedge funds, which tend to trade more actively and can bring higher returns through fees.

Greek coastguard rescues 2,500 migrants over three days

By Angeliki Koutantou ATHENS (Reuters) - Greece's coastguard has rescued about 2,500 migrants and refugees off the country's eastern islands over the past three days, authorities said on Monday, as the flow of people trying to cross into Europe continued unabated. The numbers of migrants being picked up by the coastguard have been rising steadily over the past week and the figures for the past three days are at the higher end of those seen this summer, a coastguard official said. After a hiatus of a few days last week, Greek authorities resumed ferrying Syrian refugees to the mainland by ship on Saturday and the latest group of 2,500 refugees arrived at the port of Piraeus earlier on Monday.
Suspect in ambush of Houston-area deputy due in court

Mourners gather at a gas station in Houston on Saturday, Aug. 29, 2015 to pay their respects at a makeshift memorial for Harris County Sheriff's Deputy Darren Goforth who was shot and killed while filling his patrol car. On Saturday, prosecutors charged Shannon J. Miles with capital murder in the Friday shooting. (James Nielsen/Houston Chronicle via AP) MANDATORY CREDIT: JAMES NIELSEN/HOUSTON CHRONICLEHOUSTON (AP) — A man charged with capital murder in the fatal shooting of a uniformed suburban Houston sheriff's deputy had a lengthy criminal record going back a decade, but never spent more than short stints in jail.

Video shows Palestinian women, Israeli soldier scuffling

In this Friday, Aug, 28, 2015 photo, Palestinian women and youth scuffle with an Israeli soldier trying to arrest a 12-year-old boy during a protest near the West Bank village of Nebi Saleh. A video showing the incident has been viewed more than 2 million times on Facebook, and shined a light on Israeli military policies in the territory. The Israeli military said Sunday that a "violent riot" broke out at the protest and that it tried to detain the boy because he was hurling rocks. The video sparked accusations from critics that Israel is too heavy-handed in its confrontations with Palestinian protesters, especially minors. (AP Photo)JERUSALEM (AP) — A video showing an Israeli soldier scuffling with Palestinian youths and women at a West Bank protest has been viewed more than 2 million times on Facebook, shining a light on Israeli military policies in the territory.

Police hurt in protests as Ukraine MPs votes on special status for east

A serviceman of the Ukrainian armed forces fires a weapon in the direction of positions of units of the armed forces of the self-proclaimed Donetsk People's Republic during a battle in AvdiivkaBy Natalia Zinets and Richard Balmforth KIEV (Reuters) - Ukraine's parliament voted on Monday for constitutional changes to give separatist-minded eastern regions a special status - but divisions in the pro-Western camp and violent street protests suggested the changes would face a rougher ride to become law. At least four police and national guard were badly hurt when a grenade was lobbed from a crowd of nationalists demonstrating outside parliament against the "decentralization" draft law that President Petro Poroshenko and his government are pushing as part of a blueprint to end separatist rebellion in the east. Ukraine's national guard said about 50 of its members were hurt, including four with serious wounds, by the blast.

Close Window