Citigroup would tower over global rivals
Article Abstract:
The Citicorp and Travelers Group proposed $80 billion merger would make Citigroup the largest financial services company in the world. It will be the first U.S. based universal bank that can offer a full menu of services in insurance, underwriting, lending, brokerage and others. The companies combined will have a 100 million customers and 30% of those customers live outside the U.S. in 100 different countries. Citicorp's goal is to sign up 1 billion customers by the year 2010.
Comment:
The Citicorp and Travelers Group proposed merger would make Citigroup the largest financial services company in the world
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
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These guys have money to spend on right ideas
Article Abstract:
Venture capital companies are investing huge amounts of money in Internet start-ups. In the first quarter of 1999, venture capital firms invested a record $2.1 billion in Internet startups, up from $1.6 billion in the same period a year ago, according to VentureOne. Sources of funds run the gamut from big technology companies such as IBM and Intel to billionaire investors such as Michael Dell.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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