Word: citibanker
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...University yesterday announced that it will sell its stock in Citibank and Manufacturers Hanover Trust, two U.S. banks in Harvard's investment portfolio that lend money to the South African government...
...five or fewer such investors, or had 10% owned by a single family. Among the top five stockholders in each of the 122 companies, twelve investors showed up more than half the time. New York's Morgan Guaranty Trust was the No. 1 stockholder in 27 corporations. Morgan, Citibank, Chase Manhattan and other top investors also appeared as the principal shareholders in each other...
...Citibank...
Citicorp, an international financial force with assets of $73 billion and offices in 93 countries, is the parent of Citibank-formerly First National City Bank -New York City's biggest bank, second largest in the nation and the world (after Bank of America). It is not, obviously, your friendly, flexible Bert Lance lending and saving shop. It is a hard-nosed company that will as swiftly foreclose a multimillion-dollar high-rise as a mom-and-pop delicatessen if the mortgage payments lag. Considering the cost of Manhattan real estate and the sensitivities of its stockholders, Citicorp might well...
...bank set up 14 dummy corporations to acquire the 30 separate parcels involved. So closely was the secret held that when one of the dummy companies set up by the bank's top brass sought a loan to buy a parcel of the block, a lower-level Citibank officer turned it down. Chuckles Wriston: "He didn't know who he was saying...