Word: citibankers
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...where she was a member of Alpha Kappa Alpha, the first sorority founded by black women. Following her time at HKS, Johnson-Sirleaf served as Assistant Minister of Finance under President William Tolbert. When Tolbert was overthrown in 1980, she went into exile in Kenya, where she worked for Citibank. After returning to her country, she was imprisoned for speaking out against the existing military regime. She has also worked for the United Nations, as well as several financial institutions including the International Monetary Fund and the World Bank. Johnson-Sirleaf lost her first presidential bid in 1997 but went...
...this market, with the top 25 banks holding more than $13 trillion in credit default swaps - where they acted as either the insured or insurer - at the end of the third quarter of 2007, according to the Comptroller of the Currency, a federal banking regulator. JP Morgan Chase, Citibank, Bank of America and Wachovia were ranked among the top four most active, it said...
Seeing the line stretching past Citibank and around the corner down Brattle Street, a group of hungry students burst into a sprint, eager to be among the first burrito enthusiasts to taste the offerings of the Square’s latest entrée into the world of fast-food Mexican: Chipotle. Chipotle—the Denver-based burrito chain—is hosting its grand opening today. Yesterday, the restaurant handed out free burritos from 11 a.m. to 8 p.m., serving thousands of students, local residents and Chipotle devotees who made pilgrimages from around the area, despite the rain...
...industry has reacted. Chase will join Citibank, which has ceased raising rates for customers on the basis of negative information in their credit reports. "There has never been such a spotlight on the industry," says Curtis Arnold, founder of CardRatings.com, which offers card tips. "It's historic...
Although the industry continues to defend its "risk-based pricing", which it says has made cards more generally available, the voluntary changes from Chase and Citibank (which eliminated its universal default clause in 2007) show a new willingness to curb some of the more controversial practices. "They are kowtowing to political pressure," says Frank Braden, an equity analyst at Standard & Poors. Adds Levin, "They take it very seriously. I think they are very nervous...