Travelers Co's William Heyman elected as FINRA chairman
June 29 The Financial Industry Regulatory Authority (FINRA) on Thursday named William Heyman, chief investment officer of Travelers Company Inc, as its chairman, effective July 18.
March 22 Cavium Inc:
* Cavium Inc - on March 20, 2017 entered into amendment no. 1 to credit agreement
* Cavium - amendment provides for replacement of outstanding initial term loans with new term b-1 loans in principal amount of $612.3 million - sec filing
* Cavium inc - amendment provides for reduction of interest rate margin applicable to loans initially from 3.00% p a to 2.25% p a in case of libor loans Source text (bit.ly/2nKrFcu) Further company coverage:
WASHINGTON, June 29 The U.S. Food and Drug Administration plans to reorganize its drug review staff and create a SWAT team to eliminate a backlog of requests for rare disease drug designation, it said on Thursday.
LONDON, June 29 (IFR) - Citigroup has made several appointments to its equities electronic execution team, hiring Joseph Sidibe as a senior salesperson from Bank of America Merrill Lynch as well as Phoebe Nockolds from Liquidnet and Rupert Dransfield from HSBC.