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(Updated share prices throughout.)
Financial stocks closed higher Thursday, after an executive suite shake-up at Citigroup (C Quote) and an upgrade for Goldman Sachs (GS Quote).
Citi continued to shuffle its top ranks by promoting CFO Edward "Ned" Kelly to vice chairman and giving him additional responsibilities in strategy and M&A. Former CFO Gary Crittenden is leaving the company.
The changes come on top of other management changes last week, following the departure of Ajay Banga, the former head of Citi's Asia-Pacific operations. Banga took a position with MasterCard (MA Quote). Citi shares closed up seven cents to $2.69. ...
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