Disappeared Credit Suisse Banker Now Declared A Fugitive
More in BUSINESS NEWS
back-up- Top Firms Finally Hit By H1N1 Threat
- Top Firm Caught Out By Rogue Traders
- 'It's Not As If They Paid Great Bonuses In The First Place!'
- Top Firm Chain Letter
- Sisters Are Doing It For Themselves
- Dear All - 'I Am Not Interested' In Bank of America Job
- Bank of America, BNP Paribas, Goldman, JPMorgan, Galleon Group
- Old Traders Never Die - The Seance
- Click Here To Register For Free News E-Mail Alerts
- Speculation Mounts About Goldman's Bonus Plans
- Top Boss Tells Church Crowd 'Profit Is Not Satanic'
- Your Views On Bonuses (Poll Results)
- Bank of America 'Is Not A Monarchy'
- Bankers Will Have The Last Laugh On Pay
- 'There Aren't Many People Who Think Charlotte Is A Major Financial Center'
- Top Firm Delivers 'Another Big Disappointment'
- Bank Of America CEO Poll - Incredible Result
- Scruffy Civil Servant Warns Tax Dodgers
- BofA Said To Have Got Another Turn-Down
- Interview With Bernie Madoff
- Top Firm Dismisses Talk Of Further $10bn Writedown
- The Average British Soldier
- Top Firm Puts More Aside For Staff Compensation
- Firms On Alert As Insect 'Infestation' Crashes PC Networks
- Register Now For Free 'Old Traders Never Die' Updates
- Secretary Geithner's Written Testimony On Reform Of Financial System
- ISITC Europe Successfully Introduces New Operating Structure
- Dumb & Dumber - Incredible Details About Lehman Weekend Revealed
- The Cityboy Column
- The Man Bank of America Should Hire As CEO (But Won't)
- Goldman Needs To Give Away $1bn
- Top Firms Said To Have Lost $400m On Hedge Fund
- H1N1 Flu - Have You Got It ? (Quick Test)
- H1N1 Bank Call Center Transcript (You Couldn't Make It Up)
- 'It's Just No Fun Anymore!'
- Top Firm CEO Says He Won't Poach Staff From Rivals
- 'I Hate Recruitment Consultants' - Reader Comments
- Bohemian Bankruptcy
- 'I Hate Recruitment Consultants'
- Mack Attack - The Moment Big John Hit Back
- Compliance Training ? 'The Biscuits Were Good'
- Banker, Hire Thyself
- IT Recruitment - The Smart Way
- And Wall Street's Top Athlete Is...........
- John Mack On Saving Morgan Stanley
- Bankers Taught How To Be Killing Machines
- Banks Given Five More Days To Justify Bonuses
- Billionaire Madoff Investor Found Dead In Swimming Pool
- Top Bailed-Out Execs Averaged $18m Each In 2008
- The Vic Daniels Column - 26/10/09
Related Content
- BofA, Credit Suisse, Goldman, SocGen, UBS, Wells Fargo (24/09/2009)
- BNP, Barclays, CIBC, Credit Suisse, Deutsche, Goldman, JPM, RBS (05/10/2009)
- Not Every Banker Will Be Laughing All The Way To The Bank (10/08/2009)
- Banker, Hire Thyself (26/10/2009)
- Banker Gets Eight Years For Death Of Wife (16/10/2009)
- Banker Found Guilty For Death Of Wife (14/10/2009)
Ex-Credit Suisse trader Julian Tzolov, 36, was last week declared a fugitive from justice. He may have returned to his native Bulgaria. An arrest warrant was issued on May 11th. The US Attorney for the Eastern District said in a letter to the presiding judge that: 'Beginning on May 9th, and continuing thereafter, the government has undertaken an extensive effort to determine Tzolov's whereabouts and apprehend him'.
Tzolov has been free on $3m bail since his arrest last September. He was indicted along with former work colleague Eric Butler. Tzolov is said to have transfered around $2.3m outside the US in the last few months. A federal judge will decide this week whether to postpone the date of the trial. Jury selection was supposed to commence on June 22th.
In the meantime, CNBC reports that Bernstein Research has upgraded Goldman Sachs from 'market perform' to 'outperform' and raised Morgan Stanley's earnings forecast. Barclays Capital analyst Roger Freeman has also increased his second-quarter earnings-per-share estimates on both Goldman and Morgan Stanley.
Finally, Bloomberg reports that BlackRock is now thought to be in pole position to acquire Barclays Global Investors (BGI) from the UK bank in a deal that could reach $13bn. If agreement is reached (and it could be announced as early as this week), Barclays President Bob Diamond is expected to get a seat on the BlackRock board. The only serious rival to BlackRock for BGI appears to be Bank of New York Mellon, which is thought to be tabling a late bid.
Please use the 'E-Mail' button immediately under the article title to send this item to a friend.
