Results tagged “economy”
Citigroup is pondering selling itself to a rival bank as senior executives look for ways of securing its future following a dramatic dive in value this week.
Chief Executive Vikram Pandit has called a conference call meeting for this afternoon to try and thrash out a solution to the bank's worsening financial position.
AROUND 700 jobs at the European branch of Lehman Brothers last night as banks tabled their final offers for the firm's assets.














