The Rise and Fall of Citigroup: Lessons from a Failed Merger

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Finance Nouvelles

Citigroup,Merger,Financial Services

The 1998 mega-merger between Citicorp and Travelers Group created the world's biggest financial services company. However, Citi's share price dropped and the group faced numerous scandals. This article examines the reasons behind the failure and explores potential strategies for the bank's recovery.

The 1998 mega-merger between Citicorp and Travelers Group created the world's biggest financial services company. However, Citi's share price dropped and the group faced numerous scandals. This article examines the reasons behind the failure and explores potential strategies for the bank's recovery.

 

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