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.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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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.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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