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North America
Latest Headlines
Latest Headlines
The fate of Citi as a consumer giant?
The news that Teresa Dial will step down from Citigroup ( C ) as head of the consumer unit is still being digested. Apart from all the catty stuff, the biggest issues relate to the future of Citigroup as a consumer banking giant. We're used to thinking about it as one of the big nationwide banks
Citi to shake up its board
Most people assume regulators are behind the really big moves at Citi--like last week's executive suite shake-up. Now comes news that the board is being tinkered with as well; which many will see as good news.
The Financial Times reports that Jerry Grundhofer, former chief of US Bancorp, i
Is private equity deal making really dead?
Merger volume is down, but not dead. And those who aren't afraid to adjust to the new reality will be the winners. In TheDeal.com , a Jones Day partner argues that some private equity firms aren't sitting around waiting for the heavy leverage halcyon days to return. Instead, they are embracing
