Bloomberg ABN Amro Group NV jumped the most in almost six months after second-quarter profit beat estimates and Chief Executive Officer Gerrit Zalm announced plans to cut costs by about 200 million euros ($225 million). Underlying net income climbed 10 percent to 662 million euros from a year earlier, the Amsterdam-based bank said in a statement on Wednesday. That ...

  BLoomberg Citigroup Inc. hired Gavin Michael from JPMorgan Chase & Co. to oversee technology for its consumer bank. Michael replaces Mark Torkos, who retired in July, New York-based Citigroup said Tuesday in an e-mailed statement. He starts Nov. 14 and will report to Stephen Bird, chief executive officer of the global consumer bank, according to the statement. Michael, who ...

  Bloomberg JPMorgan Chase & Co. hired Ryota Sakagami from SMBC Nikko Securities Inc. as its chief Japan equity strategist, filling a position left vacant since Jesper Koll left the U.S. bank last year. Sakagami joined JPMorgan in Tokyo on Wednesday, the brokerage said in an e-mailed statement to Bloomberg. He was ranked first among strategists in the country from ...