Industry

Fidelity Investments Adds 10 Staffers to RIA Group

American Century Names Lurito Growth Equity CIO

Smith Becomes Senior Advisor to Donohue at SEC

CheckFree Names Keeling Senior Vice President

Lee to Step Down as SEC's L.A. Regional Director

Hill Joins Dreyfus to Head Southern Sales Division

Details of the sale of BISYS Group of Roseland, N.J., to bank holding company Citigroup of New York for a total of $1.47 billion are intriguing.

SEC Enforcement Chief Glozter Joins Bridgewater

Citigroup announced last Wednesday that it will acquire BISYS Group for $1.45 billion in cash and divest its retirement and insurance services units to J.C. Flowers, a private equity firm, for $650 million. Citigroup will keep BISYS' fund and alternative investment units so that it can expand its services to hedge funds, mutual funds and private equity firms.

Depository Trust Names George Chief Risk Officer