Firm will become liquidity provider in new Tradeweb markets
Reorganization driven by global business reviews
Also resolves litigation with holders of Enron credit-linked notes
Klein named chairman, Havens becomes CEO
Further market erosion could result in additional charges
Bank raising US$12.5 billion through a private placement
Cut reflects exposure to subprime assets
Rubin succeeds Prince as chairman
Drop driven by lower revenues in fixed income and higher consumer credit costs
Pandit named CEO of Institutional Clients Group