Bloomberg Citigroup Inc. traders are facing the same slowdown in client activity that’s dragging on revenue across U.S. investment banks this quarter, Chief Executive Officer Michael Corbat said. “We’re right in line with what the others have said,” Corbat told the audience at an investor conference in New York. He was referring to earlier remarks from senior JPMorgan Chase & ...

Bloomberg ING Groep NV will move about 43 trading jobs from Amsterdam to London, adding to a push started last year to centralize some financial markets operations in the UK capital. The Dutch bank plans to relocate global equity products, credit trading, e-trading and e-data analytics as well as some supporting activities, according to an internal memo to staff obtained ...

Bloomberg RHB Bank, Malaysia’s fourth-largest lender by assets, and AMMB Holdings are planning to pursue talks to merge, people with knowledge of the matter said. The two Malaysian lenders have submitted an application for central bank approval to start formal negotiations, the people said, asking not to be identified because the information is private. Shares of AMMB have risen 21 ...