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David Friedland, co-head of North America investment banking at Citi, says private equity firms are still aggressively poaching young bankers from Wall Street banks. He talks about Citi’s plan to accelerate promotions and provide higher pay to its junior bankers. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Key PointsShipments in the quarter jumped, primarily due to distributor restocking.
Private credit The volume of distressed loans is on the rise. (bloomberg.com) Why private credit sector weightings matter.
The agreement was part of the joint statement adopted after the fourth UK-India Financial Markets Dialogue, held in London on September 29 , the finance ministry said.
NextVision's steep slide continued today, while the insurance and technology sectors were also weak.
