Word: citigroup
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...headquarters of Prudential Financial Inc. in Newark, N.J., would not seem like an obvious target for terrorists. It is neither a venerated symbol of American capitalism like the New York Stock Exchange building nor an iconic piece of modern architecture like the Citigroup building in midtown Manhattan, which houses America's biggest bank. It looms over a city that was once the very symbol of urban blight in America. On a clear day the more famous spires of Manhattan are visible from Newark, and so too is the empty space in the skyline on the island's southern tip, where...
...appointed Parmalat's bankruptcy commissioner, alleges that the answer is yes - and this month he filed suit in Parma's court against the two banks, claiming that both transactions were illegal under Italian bankruptcy law and should be revoked. Last month he filed suit in New Jersey against Citigroup, alleging that the American bank helped Parmalat's founder, Calisto Tanzi, and other insiders loot about $8 billion from the firm. Citigroup denies any wrongdoing. Bondi isn't talking, but people close to him say that other suits are likely. Bondi's job is to breathe new life into...
...press conference last week, officials at UFJ Holdings and Mitsubishi Tokyo Financial Group (MTFG) announced they had agreed to begin negotiating a merger that could create the world's largest bank, a monster with $1.75 trillion in assets, overshadowing Japan's Mizuho Holdings and U.S.-based Citigroup, both with approximately $1.3 trillion in assets as of March...
...we’re stepping into the next step of our journey, it’s useful to have these type of lessons taught to us,” said Rodriguez, who will be working at Citigroup...
Salomon was ultimately sold to Travelers Group at a much better price that it was trading at in 1991, and Mundheim became General Counsel of what became Salomon Smith Barney. The company later merged with Citigroup, and Mundheim stayed on until...