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Barclays profits fall due to mortgage crisis

Barclays wants to restore investor confidence in its universal banking business model (NurPhoto via Getty Images) Barclays (BARC.L) reported lower earnings for the start of the year as mortgage loans and deposits declined and investment banking underperformed. Profit after tax…

Citadel snaps up Goldman technology chief in latest Wall Street poaching

(Bloomberg) — Atte Lahtiranta, chief technology officer of Goldman Sachs Group Inc., is making the now-familiar move from the Wall Street bank to Citadel, Ken Griffin’s hedge fund. Most read by Bloomberg Citadel hired Lahtiranta to lead its core engineering…