The financial crisis has cast light on some very complex structures that are difficult to understand – and few more so than the board of directors of Citigroup.
Profits at Markit, the budding data giant that is central to US-led efforts to streamline credit derivatives trading, declined last year after expanding 50% in 2006, as higher staff and interest costs offset greater revenues.
Nasdaq OMX Europe, the fledgling trading system aiming to challenge Europe’s largest stock exchanges, has appointed three non-executive directors including two former London Stock Exchange employees.