Hints and tips:
...Separately Barbara Desoer, CEO of Citibank NA, the group’s primary banking subsidiary, is retiring in April and will be replaced by her chief operations officer Carey Lathrop, according to the same memo....
...The fine was levied at three of its UK units: CGML, Citibank NA London branch, and Citibank Europe Plc UK branch....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...Mr Lathrop was due to step up to become head of Citibank NA — but that job is being taken by Mary McNiff, Citi’s chief auditor....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...“There’s unlikely to be the big titan v titan litigation that we saw in the smartphone wars.”...
...In 1996, a landmark ruling in the case of Bernstein v. Department of Justice established that computer code was free speech, protected under the First Amendment of the US Constitution....
...Mr Koizumi said: “The NAS brand has steadily grown its position in the premium price segment internationally with a unique product offering....
...See Weight Watchers Int’l , Inc. v. Luigino’s, 423 F.3d 137 (2d Cir. 2005). However, nothing in this Court’s order is intended to preclude Citibank from seeking further relief from the district court....
...The authorities control everything from loan pricing to fee income,” said Michael Na, analyst at Nomura....
...Citibank Korea has quietly closed 22 branches in the first nine months of this year, the bank confirmed on Monday, taking the total number to 196....
...On Thursday, Citi called on Gene McQuade, outgoing chief executive of Citibank NA, to take over the bank’s capital plans and stress test process, according to an internal memo....
...Speaking to the Financial Times, Mr Reed says the greatest problem was of clashing cultures – and this went far beyond the strong cultures of the old Citibank and Salomon Brothers, the dominant institutions...
...Flash forward to the Elliott v Peru of the 2010s, NML v Argentina....
...Du Lala became the first play in China to have product placements, from labels such as Roewe, Citibank, Apple and Louis Vuitton....
...Citibank of the US this month sold its Brazilian consumer finance units to Itaú-Unibanco. According to media reports, BCI pipped Banco do Brasil to the City National Bank acquisition....
...beyondbrics: China first quarter GDP results, Brazil’s trade balance, Turkey’s monetary policy meeting, Russian unemployment figures; The China-Africa Business Summit takes in Johannesburg; earnings for Citibank...
...Singapore’s two casinos generated gaming revenues of US$5.9bn in 2011, according to Citibank, just behind the $6.1bn earned by casinos in Las Vegas, the US gambling capital....
...Now the board of creditors of Doe Run Peru, which bought the complex in a privatisation bid in 1997, has picked Citibank to manage the international sale of the metallurgical complex....
...Its lenders include Citibank and DNB and it reported net debt in August of $2.02bn. OSG has a fully drawn down $1.5bn revolving credit facility, which expires in February....
...Citibank, Bank of America and Wells Fargo were among banks that closed branches in the path of the storm. Citi closed in New York, Boston, Philadelphia, Connecticut, New Jersey and Delaware....
...There can be few better examples of this than the merger of Citibank with Travelers Group in 1998 and the demolition of the wall that separated investment from commercial banking....
...The settlement includes the Visa and MasterCard card networks and banks that issue cards such as JPMorgan Chase, Bank of America, Citibank, Wells Fargo and Capital One....
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