Sallie Krawcheck

Sallie Krawcheck

Citigroup has moved chief financial officer Sallie Krawcheck to run its wealth management business. Krawcheck becomes chairman and chief executive of Citigroups' global wealth management division, replacing Todd Thomson, whose next move... [more]

Citigroup has moved chief financial officer Sallie Krawcheck to run its wealth management business. Krawcheck becomes chairman and chief executive of Citigroups' global wealth management division, replacing Todd Thomson, whose next move is unclear.

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Sallie Krawcheck receiving the University Medal for Excellence

Sallie krawcheck photo

Sallie Krawcheck receiving the University Medal for Excellence

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The gone-sour deal to sell Wachovia Corp.’s banking operations to Citigroup Inc. began with a 5 a.m. phone call Wachovia’s Bob Steel made to Citigroup’s Vikram Pandit on Sept. 26. (C) (WB) (WFC)  
From stlouis.bizjournals.com ()
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Citi announced today that it had reached no agreement with Wells Fargo following several days of discussions about matters related to Wachovia. The dramatic differences in the parties’ transaction structures and their views of the risks involved made it impossible to reach a mutually acceptable...  
From triad.bizjournals.com ()
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Wells Fargo & Co. won the battle for Wachovia Corp. after Citigroup Inc. withdrew from negotiations brokered by federal regulators that sought a compromise to the competing bids from Wells and Citigroup. (C) (WFC) (WB) (BAC)  
From milwaukee.bizjournals.com ()
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Citigroup Inc. cleared the way for Wells Fargo & Co. to acquire Wachovia Corp. by ending talks that would have divided the troubled Charlotte bank between Wells and Citi. (WFC) (BAC) (JPM)  
From sanjose.bizjournals.com ()
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The Money TimesCiti drops out; Wells wins battle for Wachovia Bizjournals.com - 29 minutes ago Citigroup Inc. has withdrawn from negotiations brokered by federal regulators that sought a compromise to the competing bids from Wells and Citigroup. UPDATE: Ackman Supports Wells Fargo/Wachovia Deal...  
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After months of speculation, TCS acquired Citigroup's (C) India-based outsourcing unit, Citigroup Global Services, for $505 million in an all-cash deal ...  
From news.google.com via Google News. ()
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Citi signs agreement for TCS to provide processing outsourcing services to Citi for an aggregate of $2.5 billion over 9-1/2 years.  
From techweb.com ()
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NEW YORK (Dow Jones)--Citigroup Inc.'s (C) Smith Barney unit is undergoing managerial and structural changes now that wealth management head Sallie Krawcheck is stepping down. Citi announced about two weeks ago that Krawcheck would be replaced by ...  
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NEW YORK – Citigroup backed out of negotiations with federal regulators and Wells Fargo in its battle for Wachovia Corp., but vowed to have its day in court.  
From thenewstribune.com ()
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Global financial giant Citigroup on Friday said it has decided to walk away from a deal entailing acquisition of Wachovia, paving way for rival Wells Fargo to acquire the troubled American bank for about $15 billion.  
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