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April 15, 2007
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Citigroup in leadership reshuffle
| Findory News
Financial Times: Damian Kozlowski has been sacked as head of Citigroup's private bank as part of a leadership shake-up of its wealth management arm by the unit's recently appointed chief executive Sallie Krawcheck.
Citigroup Shake-Up Puts Private Bank Under 2 Executives
Fri, 06 Apr 2007 00:00:24 EDT | New York Times
Citigroup reorganized senior management at its private bank yesterday, replacing the chief executive, Damian M. Kozlowski, with two executives.
Citigroup to buy Bank of Overseas Chinese
| Findory News
International Herald Tribune: Citigroup has agreed to buy Taiwan's BOOC for $426 million, amid growing foreign interest in Taiwan's undervalued banking sector, a BOOC executive said.
Citigroup readies corporate-overhaul details
Mon, 9 Apr 2007 16:11:44 GMT | MSNBC.com: U.S. Business
Citigroup Inc. chairman and chief executive Charles Prince said Monday he would release details of cost-cutting steps later this week, including the consolidation of some operations and moving others to lower-cost locations.
Citigroup to buy Taiwanese bank
Mon, 09 Apr 2007 00:02 GMT | CayCompass.com
TAIPEI, Taiwan (AP) - Citigroup Inc. announced Monday it will purchase a mid-sized Taiwanese bank for 14.1 billion New Taiwan dollars (US$425 million,) in the U.S. financial group's latest expansion in Asia.
Market Place: Citigroup?s Revamp May Trim Its Compliance Corps
Mon, 09 Apr 2007 23:28:23 EDT | New York Times
Under pressure from investors, Citigroup?s chief is looking to slim its compliance ranks to keep the bank from getting bogged down.
Banks and hedge funds (FT.com)
Mon, 9 Apr 2007 22:15:36 GMT | Yahoo! Finance
Chuck Prince, Citigroup chief executive, played down the idea a couple of years ago that Citigroup would rush into buying a hedge fund manager. It was important, he said, to look beyond what is "flavour of the moment".
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