May 7- Credit Suisse investment banker Sebastian Grigg has been appointed vice chairman of the bank's EMEA investment banking department after having spent six years at the helm of the company's UK investment banking team. Grigg, who began his career at Lazard, was hired by Credit Suisse in 2007 after having spent a decade at Goldman Sachs.
Canadian National Railway Co. rose$. 69 or. 7 percent, to $100.67. Canadian Pacific Railway Ltd. rose $2.29 or 1.8 percent, to $129.09. Kansas City Southern rose$. 49 or. 4 percent, to $109.72.
France's No. 2 listed bank is to cut 900 million euros in costs over the next three years after a weak domestic economy and one-off charges halved quarterly earnings.
The European Commission and the U.S. Department of Justice are also conducting antitrust investigations into the banks and Markit relating to anticompetitive behavior in CDS.
NEW YORK, May 6- For the second time in a week, a federal judge has blocked a securities arbitration against Citigroup Inc, allowing the bank to avoid fighting a multi-million dollar case before Financial Industry Regulatory Authority arbitrators.
NEW YORK, May 6- For the second time in a week, a federal judge has blocked a securities arbitration against Citigroup Inc, allowing the bank to avoid fighting a multi-million dollar case before Financial Industry Regulatory Authority arbitrators.
*Swiss under pressure after Luxembourg, Austria loosen secrecy. Switzerland agreed in 2009 to share more information with foreign authorities hunting tax cheats on request, but it has consistently rejected an automatic exchange of data.
Canadian National Railway Co. rose$. 88 or. 9 percent, to $99.68. Canadian Pacific Railway Ltd. rose$. 59 or. 5 percent, to $126.70. Kansas City Southern fell $1.20 or 1.1 percent, to $108.95.
May 6- World Kitchen, which makes and distributes popular kitchen and housewares products under brands including Pyrex, Corelle and CorningWare, is exploring a sale of the company, according to three sources familiar with the matter. After being spun off from Corning, World Kitchen was acquired by Borden for about $600 million, according to reports at the time.
ZURICH, May 6- Switzerland's Bank Frey may seek to open in the United States and bring American customers onshore in an attempt to fend off possible investigation into suspicions that it helped U.S. clients to evade taxes, Swiss-based sources said.
HONG KONG, May 6- State-owned China Galaxy Securities Co Ltd set a record for Hong Kong's IPO market on Monday, with a total of 21 banks working as joint bookrunners on its $1.37 billion offering.
ZURICH, May 6- Swiss stocks were expected to open just lower on Monday, despite a rise in Asian stocks following an upbeat U.S. labour force report that sent Wall Street to an all-time closing high last week.
NEW YORK, May 5- Private equity firms TPG Capital and Warburg Pincus LLC are exploring a sale or a public offering of Neiman Marcus Group Inc, according to a Bloomberg News report late on Sunday.
HONG KONG, May 5- A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets where deal values more than halved in the first quarter of the year.
HONG KONG, May 5- A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets where deal values more than halved in the first quarter of the year.
HONG KONG, May 5- China Galaxy Securities plans to raise up to $1.3 billion in a Hong Kong initial public offering, IFR reported on Sunday. China Galaxy Securities, whose larger rivals include Citic Securities and Haitong Securities, is offering about 1.5 billion shares at an indicative range of HK $4.99 to HK $6.77 each, added IFR, a Thomson Reuters publication.
May 3- Credit Suisse Group AG sued the former vice president of its emerging markets group on Friday, claiming she stole confidential documents and trade secrets to transfer business to her new employer, Goldman Sachs Group Inc.
The parent company of Union Center National Bank said Vincent Tozzi is resigning as Chief Financial Officer of Center Bancorp and UCNB from May 31.