Tuesday's Headlines: Wall Street Firms to Poach One Another for Talent

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Wall Street firms are set to increase their poaching of talent this year, according to a survey by eFinancialCareers. [Bloomberg]

Citigroup hired former UBS and JPMorgan banker Thomas Woodley Heath III as a managing director of its North American financial institution group. [Bloomberg]

Hong Kong's ICBC International Holdings will hire people from global rivals as it seeks to compete with Morgan Stanley and UBS in the advisory business. [BloombergBusinessweek]

A new Finra reporting rule could make brokerage firms vulnerable to enforcement actions. [investment News]

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