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Word: citibank (lookup in dictionary) (lookup stats)
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...global players and so need economies of scale?and after years of industry consolidation, UFJ is the only potential domestic lender that could provide the quantum leap in product array and asset size to put them on a footing to someday compete with international leaders, such as Citibank and HSBC...

Author: /time Magazine | Title: Wedding Crasher | 8/30/2004 | See Source »

...analyst at WestLB Equity Markets, says Germany may be next: "If you look at Germany, which is a relatively fragmented market, there is significant scope for consolidation." And German banks are sniffing at potential foreign partners. Deutsche Bank, the country's largest, held merger talks with U.S. behemoth Citibank, but the negotiations got nowhere. HVB has held talks with ABN Amro, Credit Suisse, BNP Paribas and Santander, but they all ended without a deal - for now. If Santander can thrive with Abbey, the long-awaited dream of truly European banking might yet come true...

Author: /time Magazine | Title: Banks Without Borders | 8/1/2004 | See Source »

...tough to be a foreign bank in Singapore. To protect the local banking industry, the Southeast Asian city-state limits the number of automated-teller machines, or ATMs, that foreign banks can operate and restricts their access to local ATM networks. Citibank has found a way around this: become Singaporean. The bank, which currently has four branches in the country, plans to spend about $880 million by year-end to incorporate as Citibank Singapore Ltd. Citibank wants "to grow its international business and to be embedded in the local community," says Sophia Tong, a spokeswoman for Citibank in Singapore. Citibank...

Author: /time Magazine | Title: World Briefing: Jul 26, 2004 | 7/26/2004 | See Source »

...aggressive enforcement by the Department of Justice, which denied federal funds to any segregated school - they were revolutionary. Greenberg cites encouraging evidence today as the half-full approach: there are black Cabinet members in Democrat and Republican administrations; blacks hold top management positions in major corporations like Citibank, Xerox, Time Warner, and Merrill Lynch. When Greenberg started practicing law in 1949 there were only two black U.S. Congressmen. Today there...

Author: /time Magazine | Title: What "Brown" Means Today | 5/17/2004 | See Source »

...mail scamming, known as phishing, is on the rise. Phony messages requesting account information and passwords are nearly 800 times as prevalent now as they were last fall, says cybersecurity firm MessageLabs. Consumers should be wary of messages purportedly from Citibank, eBay, PayPal, Wachovia, Visa or Bank of America, as some are scams...

Author: /time Magazine | Title: Money: Gone Phishing | 5/3/2004 | See Source »

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