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Citigroup hires JPMorgan banker Weir for UK deals

  Bloomberg Citigroup has hired veteran JPMorgan Chase & Co dealmaker Barry Weir as it seeks to beef up its senior ranks in London. Weir, who’s known for his work on natural resources deals, will join Citigroup as a managing director on the UK investment banking team in September, according to a memo. He has more than 22 years of ...

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Citizens Financial buys Planning-services firm

  Bloomberg Citizens Financial Group Inc agreed to buy College Raptor, a firm that helps connect prospective students with colleges based on their academic and financial compatibility. The acquisition will bolster the bank’s exposure to college-age customers, Chris Ebeling, executive vice president and head of student lending at Providence, Rhode Island-based Citizens, said. The deal, for which terms weren’t disclosed, ...

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Crypto traders flee India exchanges to Binance to escape tax

  Bloomberg Binance Holdings Ltd’s billionaire Chief Executive Officer Changpeng Zhao is tightening his grip on India’s market for cryptocurrency trading in the fallout from a major tax change. Downloads of Binance’s app in India jumped to 429,000 in August, the highest this year and almost triple that of runner-up CoinDCX, data from market intelligence firm Sensor Tower show. Only ...

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