Hints and tips:
...The 1998 mega-merger between banking giant Citicorp and insurer Travelers Group created the world's biggest financial services company....
...Nilufar: Time Traveler Stop by the Via della Spiga gallery for a whistlestop tour of some of the most creative minds of the moment....
...The Money Supermarket The 1998 megamerger between banking giant Citicorp and insurer Travelers Group created the world’s biggest financial services company. The experiment hasn’t gone to plan....
...In 1998, Citicorp’s John Reed, in promoting its merger with Sandy Weill’s Travelers Group, said it was Citi’s ability to sell a supermarket of financial products “on a local basis” that would make the deal...
...A group of players gathered for the Travelers Championship in Connecticut this week met PGA Tour leaders on Tuesday at the private golf course TPC River Highlands....
...The company formed by the 1998 combination of John Reed’s Citicorp commercial bank and Sandy Weill’s Travelers — which engaged in everything from investment banking to subprime lending — has been accident-prone...
...The vision for the 200-year-old bank that Fraser will lay out at the company’s March 2 investor day is more modest than the global financial supermarket imagined by Sandy Weill, who merged his Travelers...
...When Sandy Weill was building financial services group Travelers he made his top executives swear a “blood oath” that they would not sell any stock in the company until they left or retired....
...Citigroup was formed in 1998 when Sandy Weill merged Travelers, where he was chief executive, with Citicorp....
...This brought together investment banking (Salomon Brothers, which Travelers had bought a year earlier and where Mr Corbat had his start), wealth management (Smith Barney) and insurance (Travelers)....
...Travelers searching Airbnb for last-minute listings where no accommodations are available could also be directed to HotelTonight....
...Travelers disclosed on Thursday that catastrophes had cost it $488m in the second quarter, a fifth more than a year ago....
...Wednesday’s regulatory filing reveals that Berkshire also scooped up shares in tech giant Oracle and insurance company Travelers during the third quarter, while it sold out of US big box retailer Walmart...
...Ride-sharing is the “perfect first use case” for autonomous cars, Waymo chief John Krafcik said in a recent interview with Condé Nast Traveler....
...The Waffle House is where travelers meet each other. It provides refuge for the tipsy, the joyful, the insomniacs....
...“We think this tailoring of product attributes and selection reflects the evolving nature of travel retail purchases — travelers are looking for products that complement their travel activities and services...
...and Mr Weill, 84, go a long way back; Mr Weill hired him as an assistant at American Express in 1982, then took the young buck with him to Commercial Credit, a consumer finance company that morphed into Travelers...
...The tax bill is a victory for domestic US insurers including Allstate, Berkshire Hathaway and Travelers, which argued that their international rivals — especially in Bermuda — had an unfair tax advantage...
...Last year, for example, US-based Travelers bought Simply Business, which sells insurance to small businesses, for £400m, more than three times the price that Simply Business was sold for a year earlier....
...Expedia shed nearly a fifth of its market value on Friday after the travel-booking site’s quarterly profit missed Wall Street estimates amid lingering effects from a string of severe storms that weighed on travelers...
...The Dow Jones Industrial Average ended the day flat at 21,808, thanks in part to a 2.5 per cent decline for property and casualty insurer Travelers — one of several insurers that took a leg lower as investors...
...Travelers’ expertise, he said, would help Simply Business navigate its way through the system....
...This is not the first time that Travelers has acted to defend its umbrella....
...In an industry with a mixed record of M&A success — Citicorp’s 1998 combination with Travelers was one of many ill-fated insurance deals — Mr Greenberg left nothing to chance....
...NYSE, November 12 2012 The New York Stock Exchange suspended trading in 216 companies, including US Steel and Travelers, for most of the day, with the bourse blaming the outage on one of its order matching...
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