Words similar to citicorp
Example sentences for: citicorp
How can you use “citicorp” in a sentence? Here are some example sentences to help you improve your vocabulary:
Even if cross-selling makes sense, though, it's not clear why Citicorp and Travelers had to merge.
The Post notes however, that unlike last week's Citicorp/Travelers move, which challenges Depression-era laws barring different types of financial services from being offered by a single company, this bank merger is within the boundaries of current law, because in 1994, Congress allowed coast-to-coast banking.
Another unusual aspect of the deal drawing lots of comment is that Travelers' Sanford Weill and Citicorp's John Reed have decided to rule their new kingdom as co-CEOs.
Sears failed with Dean Witter, Citicorp failed in the late 1980s when it tried to expand operations, and Sandy Weill--head of Travelers--failed miserably when Shearson joined with American Express.
But if shareholders in Citicorp wanted to diversify, all they had to do was buy shares in Travelers, and vice versa.