Citi names de Vecchi European Investment Banking Chairman

LONDON (Reuters) - Citigroup Inc has appointed veteran dealmaker Luigi de Vecchi as chairman for corporate and investment banking in continental Europe, it said in an emailed statement on Monday.

De Vecchi, who was previously global co-head of investment banking at Credit Suisse and has also worked at Goldman Sachs , will be based in Italy and is part of the U.S. bank's plan to beef up its investment banking franchise in the region.

"Continental Europe remains one of our largest growth opportunities and we look forward to leveraging Luigi's deal experience and relationships across the region," Raymond J. McGuire, global head of corporate and investment banking at Citi said in the statement.

The senior hire follows the U.S. bank's latest restructuring plan announced under new chief executive Mike Corbat who took over in October.

He unveiled a $1.1 billion expense reduction plan in Dec including the elimination of 11,000 jobs or 4 percent of the workforce in a bid to deliver more value to shareholders.

Corbat said Citi's various businesses were combating competitive and regulatory problems, as well as issues dating to the financial crisis that continue to plague the bank.

Whilst cutting back on headcount, the U.S. bank is also hoping to streamline its operations to gain greater market share in designated core markets and sectors.

Citi ranked fifth globally for investing banking fees in 2012 but slipped to eight place in the Europe, Middle East and Africa region, according to data from Thomson Reuters.

(Reporting By Anjuli Davies; Editing by David Cowell)

Source: http://news.yahoo.com/citi-names-vecchi-european-investment-banking-chairman-115403436--sector.html

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Former Massachusetts Governor Weld says will not run for Senate

BOSTON (Reuters) - Republican former Massachusetts Governor William Weld said on Monday he would not seek the U.S. Senate seat made vacant by John Kerry's appointment as secretary of state.

While two prominent Democrats have started their campaigns ahead of the June 25 special election to fill the seat, the state's Republican Party has had a harder time finding a major candidate, which could give the party a chance to add to their 45 senators in the 100-seat chamber, where the Democrats hold the majority.

Former Senator Scott Brown, who polls had shown having a strong chance with Massachusetts voters, said on Friday he would not seek a return to Washington, having lost a re-election bid to Democrat Elizabeth Warren in November.

"While I am grateful for the kind expressions of support and encouragement which I have received, I will not be a candidate for United States Senator from Massachusetts in the special election this year," Weld said in a statement released by Mintz, Levin, the Boston law firm where he now works.

Democratic Representatives Edward Markey and Stephen Lynch have already launched their campaigns. They and any other Democrats to enter the race will face off in an April 30 primary.

Weld served as Massachusetts's governor from 1991 through 1997, when he resigned his post after President Bill Clinton nominated him as ambassador to Mexico, a post he was never confirmed in.

Weld's election in 1991 began a 16-year streak of Republican governors in Massachusetts, which ended in 2007 with Mitt Romney.

Massachusetts Governor Deval Patrick, a Democrat, on January 30 named his former chief of staff, William Cowan, to hold Kerry's U.S. Senate seat until a successor is picked.

Cowan told reporters he viewed the appointment as temporary and had no plans to run in the special election.

(Reporting By Scott Malone; Editing by Mohammad Zargham)

Source: http://news.yahoo.com/former-massachusetts-governor-weld-says-not-run-senate-155202419.html

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Obama a skeet shooter? See new White House photo

In this photo released by the White House, President Barack Obama shoots clay targets on the range at Camp David, Md., Saturday, Aug. 4, 2012. The White House released a photo of Obama firing a gun, two days before he heads to Minnesota to discuss gun control. In a recent interview with The New Republic magazine, Obama said yes when asked if he has ever fired a gun. He said "we do skeet shooting all the time," except for his daughters, at Camp David. (AP Photo/The White House, Pete Souza)

In this photo released by the White House, President Barack Obama shoots clay targets on the range at Camp David, Md., Saturday, Aug. 4, 2012. The White House released a photo of Obama firing a gun, two days before he heads to Minnesota to discuss gun control. In a recent interview with The New Republic magazine, Obama said yes when asked if he has ever fired a gun. He said "we do skeet shooting all the time," except for his daughters, at Camp David. (AP Photo/The White House, Pete Souza)

FILE - In this Sept. 1, 1994 file photo, George W. Bush looks to the sky during a dove hunt in Hockley, Texas during his first Texas gubernatorial campaign. Anticipating some dove hunting on a 100-plus degree day during Sept. 2000, Bush explained that the birds could be marinated, but "I'm probably just going to throw them right on the grill." (AP Photo/File, David J. Phillip, file)

FILE - In this April 25, 1994 file photo, President Bill Clinton holds a Colt AR-15 rifle during a ceremony in the Rose Garden of the White House in Washington, where he launched efforts to pass the assault weapons ban. Dayton, Ohio Police Lt. Randy Bean, whose fellow officer Steve Whalen was gunned down with an AR-15 in 1991, looks on at left. (AP Photo/Dennis Cook)

FILE - In this Oct. 25, 1992 file photo, U.S. President George H. Bush displays a rifle given to him as a gift, in Billings, Mont., as his chief of staff James Baker, left, watches during the campaign stop. Bush will continue campaigning at morning on Monday in Montana. (AP Photo/Ron Edmonds, file)

FILE - In this Feb. 28, 1944 file photo, Gen. Dwight D. Eisenhower, Allied invasion chief, fires a Browning light machine gun using his hip as a mount, during an inspection of an infantry unit in England. (AP Photo/file)

WASHINGTON (AP) ? Two days before President Barack Obama's first trip outside Washington to promote his gun-control proposals, the White House tried to settle a brewing mystery when it released a photo to back his claim to be a skeet shooter.

Obama had set inquiring minds spinning when, in an interview with The New Republic magazine, he answered "yes" when asked if he had ever fired a gun. The admission came as a surprise to many.

"Yes, in fact, up at Camp David, we do skeet shooting all the time," Obama said in the interview released last weekend, referring to the official presidential retreat in rural Maryland, which he last visited in October while campaigning for re-election. Asked whether the entire family participates, the president said: "Not the girls, but oftentimes guests of mine go up there."

Few could recall Obama ever talking about firing a gun or going skeet shooting "all the time."

The official White House photo released Saturday is dated Aug. 4, 2012. The caption says Obama is shooting clay targets on the range at Camp David. Obama is seen holding a gun against his left shoulder, his left index finger on the trigger and smoke coming from the barrel. He is wearing jeans, a dark blue, short-sleeved polo shirt, sunglasses and headphones.

Asked at Monday's press briefing how frequently Obama shoots skeet and whether photos of the outings existed, White House press secretary Jay Carney said he didn't know how often. Pictures may exist, he said, but he hadn't seen any.

"Why haven't we heard about it before?" Carney was asked.

"Because when he goes to Camp David, he goes to spend time with his family and friends and relax, not to produce photographs," Carney said.

Obama is accompanied almost everywhere by at least one White House photographer.

Carney did not immediately respond Saturday when asked to comment on the decision to release the photo. But it could be part of an effort to portray Obama as sympathetic to gun owners and opponents of his gun-control measures who argue the proposals would infringe on an individual's Second Amendment right to bear arms.

In the interview, which appears in the Feb. 11 issue of The New Republic, Obama said gun-control advocates should be better listeners in this latest debate over firearms in the U.S. He also declared his deep respect for the tradition of hunting in this country, which dates back generations.

"I have a profound respect for the traditions of hunting that trace back in this country for generations," Obama said. "And I think those who dismiss that out of hand make a big mistake. Part of being able to move this forward is understanding the reality of guns in urban areas are very different from the realities of guns in rural areas. And if you grew up and your dad gave you a hunting rifle when you were 10, and you went out and spent the day with him and your uncles, and that became part of your family's traditions, you can see why you'd be pretty protective of that."

"So it's trying to bridge those gaps that I think is going to be part of the biggest task over the next several months. And that means that advocates of gun control have to do a little more listening than they do sometimes," Obama said.

His gun control measures, which include a ban on assault weapons and high-capacity ammunition magazines, as well as universal background checks for anyone who wants to buy a firearm, have met some resistance on Capitol Hill and from opponents of tighter restrictions on access to guns, including the powerful National Rifle Association.

In Minneapolis on Monday, Obama plans to make remarks as well as discuss his proposals with local and law enforcement officials during a stop at the police department's special operations center. He's also expected to visit with community members to hear about their experiences with gun violence, the White House said.

Obama announced his proposals in mid-January, about a month after the Dec. 14 shooting deaths of 20 children and six adults at an elementary school in Newtown, Conn.

___

Follow Darlene Superville on Twitter: http://www.twitter.com/dsupervilleap

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-02-02-US-Obama-Guns/id-fd091cb9525843beb91d276630648a6c

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Iraq War vet charged in fatal shooting of ex-SEAL

In this April 6, 2012, photo, former Navy SEAL and author of the book ?American Sniper? poses in Midlothian, Texas. A Texas sheriff has told local newspapers that Kyle has been fatally shot along with another man on a gun range, Saturday, Feb. 2, 2013. (AP Photo/The Fort Worth Star-Telegram, Paul Moseley)

In this April 6, 2012, photo, former Navy SEAL and author of the book ?American Sniper? poses in Midlothian, Texas. A Texas sheriff has told local newspapers that Kyle has been fatally shot along with another man on a gun range, Saturday, Feb. 2, 2013. (AP Photo/The Fort Worth Star-Telegram, Paul Moseley)

In this April 6, 2012, photo, former Navy SEAL and author of the book ?American Sniper? poses in Midlothian, Texas. A Texas sheriff has told local newspapers that Kyle has been fatally shot along with another man on a gun range, Saturday, Feb. 2, 2013. (AP Photo/The Fort Worth Star-Telegram, Paul Moseley)

This photo provided by the Erath County Sheriff?s Office shows Eddie Ray Routh. He was charged with murder in connection with a shooting at a central Texas gun range that killed former Navy SEAL and "American Sniper" author Chris Kyle and Chad Littlefield, the Texas Department of Public Safety said Sunday, Feb. 3, 2013. (AP Photo/ Erath County Sheriff's Office)

Map showns path of texas gunman following a double shooting

STEPHENVILLE, Texas (AP) ? An Iraq War veteran charged with murdering former Navy SEAL sniper Chris Kyle and a friend turned a gun on the pair while they were at a Texas shooting range, authorities said Sunday.

Eddie Ray Routh, of Lancaster, was arraigned early Sunday in the deaths of Kyle, who wrote the best-selling book "American Sniper," and Chad Littlefield, 35. They were killed at a shooting range at Rough Creek Lodge, about 50 miles southwest of Fort Worth.

Travis Cox, the director of a nonprofit Kyle helped found, told The Associated Press on Sunday that Kyle, 38, and Littlefield had taken Routh to the range to try to help him. Littlefield was Kyle's neighbor and "workout buddy," Cox said.

"What I know is Chris and a gentleman ? great guy, I knew him well, Chad Littlefield ? took a veteran out shooting who was struggling with PTSD to try to assist him, try to help him, try to, you know, give him a helping hand, and he turned the gun on both of them, killing them," Cox said.

Capt. Jason Upshaw with the Erath County Sheriff's Office said Routh had not made any comments that might indicate a motive. "I don't know that we'll ever know. He's the only one that knows that," Upshaw said.

Sheriff Tommy Bryant said Routh was unemployed and "may have been suffering from some type of mental illness from being in the military himself."

Bryant didn't know whether Routh was on any medication or had been diagnosed with post-traumatic stress disorder.

Routh was being held on one charge of capital murder and two charges of murder.

Upshaw said Routh used a semi-automatic handgun, which authorities later found at his home. Upshaw said ballistics tests weren't complete Sunday, but authorities believe it was the gun used in the shootings. Upshaw declined to give any more details about the gun.

The U.S. military confirmed Sunday that Routh was a corporal in the Marines, serving in active duty from 2006 to 2010. He was deployed to Iraq in 2007 and Haiti in 2010. His current duty status is listed as reserve.

Routh is being held on $3 million bond. Bryant said he believed Routh was in the process of seeking a public defender.

A knock on the door at Routh's last known address went unanswered Sunday. A for-sale sign was in front of the small, wood-framed home.

Kyle's best-selling book, "American Sniper: The Autobiography of the Most Lethal Sniper in U.S. Military History," detailed his 150-plus kills of insurgents from 1999 to 2009. Kyle said in his book that Iraqi insurgents had put a bounty on his head. According to promotional information from book publisher William Morrow, Kyle deployed to Iraq four times.

Bryant said Kyle, Littlefield and Routh went to the shooting range around 3:15 p.m. Saturday. A hunting guide at Rough Creek Lodge came across the bodies of Kyle and Littlefield around 5 p.m. and called 911.

Upshaw said autopsies were still pending and he could not say how many times the men were shot or where on their bodies they were hit.

After the shootings, Routh left the shooting range in Kyle's black pickup truck, Bryant said, first going to his sister's home in Midlothian, about 25 miles southwest of Dallas, where he told her and her husband what he had done. Routh left, Bryant said, and the couple called local police.

Routh arrived at his home in Lancaster, about 17 miles southeast of Dallas, at about 8 p.m. Police arrested him after a brief pursuit.

Kyle's nonprofit, FITCO Cares, provides at-home fitness equipment for emotionally and physically wounded veterans.

"Chris was literally the type of guy, if you were a veteran and needed help, he'd help you," said Cox, the director of FITCO Cares.

Cox described Littlefield as a gentle, kind-hearted man who often called or emailed him with ideas for events or fundraisers to help veterans. He said he was married and had children.

"It was just two great guys, with Chad and Chris trying to help out a veteran in need and making time out of their day to help him. And to give him a hand. And unfortunately this thing happened," Cox said.

Bryant expressed a similar understanding of the situation. The sheriff said Routh's mother "may have reached out to Mr. Kyle to try to help her son."

"We kind of have an idea that maybe that's why they were at the range for some type of therapy that Mr. Kyle assists people with. And I don't know if it's called shooting therapy, I don't have any idea," Bryant said.

Lt. Cmdr. Rorke Denver, who served with Kyle on SEAL Team 3 in Iraq in 2006, called Kyle a champion of the modern battlefield. Denver wasn't surprised that Kyle apparently used a shooting range to help someone with PTSD.

"For us, for warriors, that's a skill set that has become very familiar, very comfortable for us," said Denver, a lieutenant commander in a reserve SEAL team. His book "Damn Few," about training SEALs, will be released this month. "So I actually see it as kind of a perfect use of Chris' unique skill set and expertise of which he has very few peers."

Craft International, Kyle's security training company, had scheduled a $2,950-per-person civilian training event at Rough Creek Lodge called the "Rough Creek Shoot Out!" for March 1-3. The price included lodging, meals and shooting instruction. Kyle was scheduled to teach the first class, called "precision rifle."

Kyle is survived by his wife, Taya, and their two children, Cox said.

___

Sherman reported from McAllen, Texas. Associated Press writers Andale Gross and Erica Hunzinger in Chicago contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-02-03-Sniper%20Author-Shooting/id-00ee3ba96f414c2abf2527d5f8029365

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Video: Is Te?o hoaxster really the voice of fake girlfriend?

>>> the latest chapter in the manti te'o girlfriend hoax. the man behind the deception is now explaining why he did it and how. here's nbc's kristen dahlgren.

>>> i don't want to be.

>> reporter: as ronaiah tuiasosopo, the man behind the manti te'o hoax, answered dr. phil's questions --

>> people say, does he have any feel being this, the truth is i hurt every day from the decisions i made.

>> reporter: he admitted he was motivated to create the fake girlfriend because of his own romantic love for the football star and a painful past.

>> i want to talk about why you felt moved to create an alter e ego.

>> it went through what i went through as a child.

>> reporter: it took the tv psychologist several tries to get an answer to one of most perplexing questions -- was it really tuiasosopo alone who left the voice dmalmails.

>> i want the truth.

>> reporter: he first went behind a screen to do the voice.

>> i love you so much, sweet dreams .

>> reporter: the show was analyzed by experts.

>> 87%, 40%, 48%. not conclusive.

>> reporter: they sent a producer to tuiasosopo's house where he said he made the calls in private. whe with the producer's phone he recorded this.

>> sweet dreams .

>> this time there was no question -- match, match, match.

>> reporter: perhaps conclusive proof. but for many, still not enough. even with this public apology to manti te'o.

>> i can never express how sorry i am.

>> reporter: for what appears to be simply a cruel hoax that fooled a young star and has fascinated a nation. for "today," kristen dahlgren, nbc news, los angeles .

Source: http://video.today.msnbc.msn.com/today/50676212/

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Simple and Modern Method for High Fitness Benefits | Dietary ...

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Report: Missing NYC woman found dead in Turkey

ISTANBUL (AP) ? A New York City woman who went missing while vacationing alone in Istanbul was found dead on Saturday and police detained nine people for questioning in connection with her case, Turkey's state-run news agency said.

Sarai Sierra, a 33-year-old mother of two, was last heard from on Jan. 21, the day she was due to board her flight back home. Her disappearance attracted a lot of interest in Turkey, where such disappearance of foreign tourists are rare and Istanbul police had set up a special unit to find her.

The Anadolu Agency said the body of a woman was discovered Saturday evening near the remnants of ancient city walls and that police later identified it as Sierra's.

The agency did not say what caused her death. The private NTV television reported that she was stabbed to death, while a private news agency, Dogan, said she had a wound to the head, suggesting she may have been hit by an object.

Police reached by The Associated Press refused to comment on the case.

Sierra, whose children are 9 and 11, had left for Istanbul on Jan. 7 to explore her photography hobby and made a side trip to Amsterdam, Netherlands, and Munich, Germany. She had originally planned to make the trip with a friend, but ended up travelling alone when her friend canceled.

She was in regular contact with friend and family and was last in touch with her family on Jan. 21, the day she was due back in New York. She told them she would visit Galata Bridge, which spans the Golden Horn waterway, to take photos.

The location where the body was found, is a few kilometers away the bridge. It is near a major road that runs alongside the sea of?Marmara and offers an iconic view to visitors of dozens of tankers and other vessels waiting to access the Bosporus strait. Police stopped traffic on the road as forensic police inspected the area.

Anadolu suggested Sierra may have been killed at another location and that her body may have been brought to the site to be hidden amid the city walls.

At least nine people were detained for questioning in Istanbul over the arrests and a police official on the site told journalists two of them were women. The official spoke on condition of anonymity because he was not authorized to speak to reporters on the case.

It was not clear if a Turkish man Sierra had exchanged messages with during her stay in Istanbul was among the group that was detained. That man was detained for questioning on Friday but was later released. Turkish news reports had said Sierra had made arrangements to meet the man on Galata Bridge but the man reportedly told police the meeting never took place.

Sierra's husband, Steven, and brother, David Jimenez, travelled to Istanbul to help in the search. Sierra's mother, Betzaida Jimenez, said she couldn't talk when reached in New York.

Shortly after she was reported missing, Turkey set up a special police unit which scanned through hours of security camera footage in downtown Istanbul in search of clues over her disappearance. A Turkish missing persons association had joined the search, handing out flyers with photos of Sierra and urging anyone with information to call police.

While break-ins and petty thievery is common in Istanbul, the vast and crowded city is?considered relatively safe in comparison to other?major?urban centers. The American's death was unlikely to have a significant impact on tourism, an increasingly large component of the?Turkish economy.

In 2008, an Italian artist Pippa Bacca, was raped and killed while hitchhiking to Israel wearing a wedding dress to plead for peace. Her naked body was found in a forest in northwest Turkey. A Turkish man was sentenced to life in prison for the attack. ?

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-02-02-EU-Turkey-US-Missing-Woman/id-f49e890b70e14e83aa5dde6bff0048d7

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