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April 15, 2007
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World Business Briefing: Japan: Executive Leaves Citigroup
Wed, 06 Jun 2007 23:08:37 EDT | New York Times
Citigroup, which recently acquired a majority stake in the Nikko Cordial Corporation, said Brandon Ginsberg had resigned as co-head of equities at its Japanese investment bank. Mr. Ginsberg has already left, said Masufumi Yoshino, head of corporate communications at Nikko Citigroup in Tokyo. No further details were available. The departure is the second change of senior managers at the unit since Citigroup bought 61 percent in April.
Citigroup Ups Stake in Japan Brokerage (AP)
Tue, 12 Jun 2007 12:27:28 GMT | Yahoo! Finance
Citigroup Inc. has increased its stake in Nikko Cordial Corp. to more than two-thirds in terms of voting rights, giving it full control of Japan's third-largest brokerage, officials said Tuesday.
Fitch Affirms Citigroup Debt Ratings (AP)
Tue, 12 Jun 2007 18:40:32 GMT | Yahoo! Finance
Fitch Ratings on Monday affirmed its ratings of Citigroup Inc.'s debt after reviewing the company's recent move to take control of Nikko Cordial, Japan's third-largest brokerage.
View of the day: Robert Buckland, Citigroup (FT.com)
Tue, 12 Jun 2007 16:45:49 GMT | Yahoo! Finance
It is too early to call the end of this bull market in equities, says Robert Buckland, global equity strategist at Citigroup .
Regulator OKs New Citigroup Bank Branch (AP)
Wed, 13 Jun 2007 20:31:36 GMT | Yahoo! Finance
Citigroup Inc.'s Citibank division has won federal approval to open a new bank branch, the Treasury Department's Office of the Comptroller of the Currency said.
Citigroup keen to sell stake in India BPO arm: paper (Reuters)
Tue, 19 Jun 2007 03:39:12 GMT | Yahoo! Finance
Citigroup is keen on selling 80 percent of its business process outsourcing arm in India for $700-$750 million, the Mint said on Tuesday, on the heels of Blackstone's acquisition of a back-office firm.
Citigroup flags interest in German banks (Reuters)
Tue, 19 Jun 2007 11:42:21 GMT | Yahoo! Finance
Citigroup flagged its interest in buying a bank in Germany on Tuesday but played down recent talk that it was about to swoop on Commerzbank .
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