Friday's Headlines: Citigroup Set to Grow its Private Bank

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Citigroup plans to add 300 bankers to its private bank over the next three years. [WSJ]

Meredith Whitney is launching a credit rating agency that will compete with Moody's and S&P. [FT]

SocGen aims to double investment banking revenue in central and eastern Europe over the next four years. [Bloomberg]

Jefferies has hired top dealmakers in an effort to become a player in M&A. [Businessweek]

UBS' wealth management division is launching new products in order to boost revenues. [Bloomberg]

FrontPoint Partners, the hedge fund spun off from Morgan Stanley, will liquidate its healthcare hedge funds. [Finalternatives]