Friday's Headlines: Citigroup Makes Push Into Derivatives, Clearing
Citigroup is expanding into listed derivatives and third-party clearing. [Hedgeweek]
Credit Suisse's ballooning headcount has come at a steep price as higher compensation cuts into revenues. [Financial News]
RBS stands to be hardest hit by new rules on bonuses in the UK. [Bloomberg Businessweek]
Bank of America is cutting some wealth advisers loose and replacing part of its investment advice offering with videoconferencing. [InvestmentNews]
