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Citigroup Inc (C.N) said its private bank hired five bankers who left Wilmington Trust Corp (WL.N) before its planned acquisition by M&T Bank Corp (MTB.N).
Valeant (VRX.TO) Pharmaceuticals (VRX.N) may walk from from its $5.7 billion offer for U.S. drugmaker Cephalon (CEPH.O) within a month if it can't persuade shareholders to back the deal.
Bank of America Corp (BAC.N) Chief Executive Brian Moynihan received $1.94 million in total compensation in 2010, according to the bank's proxy filed with U.S. securities regulators on Wednesday.
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