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

  • 📰 FT
  • ⏱ Reading Time:
  • 1 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Finance Nyheter

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 113. in SE

Sverige Senaste nytt, Sverige Rubriker