Disaster Recovery Plans Activated, NY’s Buy Side Gets Back to Business

FRONT PAGE NEWS

NEW YORK--Several weeks after the attacks on the World Trade Center, a number of buy-side firms are evaluating their disaster recovery plans.

Bill Krivoshik, chief technology officer for Citigroup Asset Management and Citigroup Private Bank, says the asset management group had approximately 1,100 people in 7 World Trade Center. That building collapsed late in the afternoon of Sept. 11. All personnel from that unit were successfully evacuated and have been accounted for by doing a person-by-pe

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