Showing posts with label Morgan Stanley’s investments. Show all posts
Showing posts with label Morgan Stanley’s investments. Show all posts

Saturday, December 22, 2012

Citigroup Said to Give CCA Managers 75% Fund Stake for Free

Among Vikram Pandit’s last jobs as Citigroup Inc. (C)’s chief executive officer was to decide the fate of the bank’s hedge-fund unit, which employs some of his oldest colleagues. He agreed to give them most of it for free.