Tag archive for ‘Citi’
Vered Weiss On Wednesday, January 14th, 2015

Citigroup To Sell Egyptian Bank Business, Kuwait’s Americana Sale On Hold

  Citigroup is selling off its consumer banking business in Egypt, and has ten bids in all, although there is no indication of the amount of the bids, as reported by Reuters. Citi’s net investment More...

Gil Tanenbaum On Thursday, January 8th, 2015

Sirius/XM Wants Howard Stern to Stick Around after 10 Years

Will Howard Stern resign with Sirius/XM Satelite Radio? The company’s CFO David Frear certainly hopes so. Love him or hate him, you cannot deny that Howard Stern is one of the most popular and successful More...

Eli Horn On Sunday, December 28th, 2014

Slew of Oil Industry Mergers and Acquisitions Expected in 2015

Drug and media company takeovers dominated this year but the next 12 months could be different thanks to falling oil prices, analysts believe, and even BP could be in play, the Irish Independent said. In More...

Vered Weiss On Friday, December 19th, 2014

Economist Simon Johnson: Citigroup Might Get Broken Into Pieces

–   Former IMF Chief Economist Simon Johnson thinks Citigroup will and should be broken up, as reported by ValueWalk. Treasury Secretary Jack Lew, who held a position at Citigroup, also entered More...

Reuters On Saturday, December 6th, 2014

Citi’s credit card business in Japan gets joint bid from three buyers: Nikkei

– Three companies have emerged to make a joint bid for Citigroup Inc’s credit card business in Japan, the Nikkei reported, as the U.S. lender goes ahead with plans to exit consumer banking in More...

Reuters On Friday, December 5th, 2014

JPMorgan continues run as top ranked investment bank

–   U.S. bank JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, having made revenue of $17.1 billion in the year-to-date, new data showed More...

Irit Avissar On Wednesday, December 3rd, 2014

Bronfman Group Sells Off Final Discount Bank Stake

The Bronfman Group has sold off its final holdings in Israel Discount Bank (TASE: DSCT). Sources inform “Globes” that last night the remaining 4.5% stake in the bank held by Matthew Bronfman worth More...

Reuters On Friday, November 21st, 2014

ECB drops Citi from FX contact group

– The European Central Bank has dropped Citigroup from its experts’ working group on foreign exchange, days after the U.S. bank was fined by U.S. and UK regulators for failing to stop traders from More...

Yuval Azulai On Sunday, October 12th, 2014

Israeli government seeks buyer for The Military Industries

– According to estimates, the sale price for the company will be $675-$810 million. –   The government has approached the world’s leading investment banks including UBS, HSBC, Merryl More...

Gil Tanenbaum On Monday, October 6th, 2014

Andrew Heiberger Returns to Head Town Residential

  Andrew Heiberger has been appointed the new CEO of Town Residential, succeeding the departing Joseph Sitt while the firm’s COO and President Jeff Appel was fired. Sitt will stay on as Town’s co-chairman. This More...

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