The biggest deal - again

Article Abstract:

The planned merger between Citicorp and Travelers would be the biggest in history. Both companies saw stock price rises after the merger plans were announced. The merger will mainly affect the US over the short term, and US markets will account for 60% of the new company's money, with emerging markets accounting for most of the remainder. The announcement has led to speculation about other possible mergers in the financial services industry.

Financial Services, Finance and Insurance, Mergers, acquisitions and divestments, Financial services industry, Citicorp, Travelers Corp., CCI

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Old Barclays hands stitch up Taylor

Article Abstract:

Barclays Bank CFO Martin Taylor has resigned. His management accomplishments were noteworthy between 1994-1997. His relations with Barclays board appear to have been difficult, especially with Sir Andrew Large, executive deputy chairman from May 1998. The bank needs to implement more efficient management strategies to further boost its competitiveness and profitability.

Banking industry, Officials and employees, Appointments, resignations and dismissals, Barclays Bank PLC (Abu Dhabi), Taylor, Martin

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