Citigroup to buy Prudential's Egg bank
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Citigroup Inc. announced Monday that it was buying the world's largest stand-alone online bank, London-based Egg Banking PLC, to expand its financial operations in Britain and its Internet expertise worldwide.
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The nation&#39;s largest bank will be setting up shop in Texas by acquiring Bryan-based First American Bank. The parent operation of Citibank said Tuesday that it will acquire First American, which has $3.
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Citigroup&#39;s European headquarters in London has been sold to a consortium led by an Irish private-equity company for 1.0 billion pounds (1.48 billion euros, 2.01 billion dollars), the buyers said Monday.
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Citigroup will buy Taiwan's Bank of Overseas Chinese (BOOC) "very soon", an executive of the Taiwan lender said on Thursday, in a deal media said would be worth US$425 million.
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NEW YORK : Citigroup, the world&#39;s biggest financial firm, said it has agreed to buy Texas-based First American Bank for an undisclosed sum.
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Citigroup Inc. , the largest U.S. bank, plans to list on the Tokyo Stock Exchange later this year, a move that could make it easier to buy Japanese firms through stock swaps, the Nihon Keizai (Nikkei) business daily reported on Sunday.
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Bank of New York Co. Inc.  on  Monday announced plans to buy Mellon Financial Corp.   for about $16.5 billion, creating a powerhouse in securities  servicing and asset management.
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Stocks to watch on Wednesday: CITIGROUP INC. :
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Bank of New York Co.  on Monday agreed to buy Mellon Financial Corp. , one of the most storied names in American finance, for $16.5 billion, creating a powerhouse in securities servicing and asset management.
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Prudential, the second-biggest British insurance group, has published solid half-year results but sharply raised its cost-savings target in a bid to halt losses at online banking division Egg.
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Harris Bank said Wednesday that it is buying a privately held network of banks in northwest Indiana, expanding its branches into the state for the first time.
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Bank of New York Co.  said on Monday it would buy Mellon Financial Corp.  for $16.5 billion, combining two storied names in American finance to create a powerhouse in custody services for institutional investors and one of the biggest asset managers.
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Bank of New York Co.  on Monday agreed to buy Mellon Financial Corp. , for $16.5 billion, combining two storied names in American finance to create a powerhouse in asset management and custody services for institutional investors.
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Real estate investment trust Archstone-Smith  on Tuesday said it agreed to be acquired by Tishman Speyer and investment bank Lehman Brothers Holdings Inc.  in a deal valued at $13.5 billion, reflecting the strong demand for high-end real estate by private investors.
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General Electric Co. agreed to buy a Citigroup business that provides lending and leasing services to the trucking industry for $4.4 billion in cash to build its commercial finance unit in areas where it already has expertise.
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The insurance giant will buy Travelers Life & Annuity, and most of Citigroup's foreign insurance units, for $11.5 billion.
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Egg, the Internet bank majority-owned by British insurer Prudential, said it had agreed to sell its French unsecured lending business to Banque Arnold for up to 140 million euros (177 million dollars) in cash.