4 result(s) displayed (1 - 4 of 4):

Report: Citigroup seeks more JV partners (from Corporate Dealmaker)

Like American International Group Inc. (NYSE:AIG) Citigroup Inc. (NYSE:C) is running into a bit of a problem divesting noncore assets.  To speed up the process and build capital, Citigroup may look for joint venture parters to help it shed businesses at least partially, according to the New York Post. Any...

Posted on March 3, 2009 1:00 PM

Fidelity will be next to sell an Indian tech services unit (from Corporate Dealmaker)

Mutual fund giant Fidelity Management has put its Indian tech services operation, located in Bangalore and Chennai, on the block. A report in The Economic Times says the move is part of a cost-cutting effort.Earlier this year, the report notes, U.K. insurer Aviva plc sold its Indian back-office operations to...

Posted on December 15, 2008 12:55 PM

Wachovia employees hear from Wells Fargo CEO Wednesday (from Corporate Dealmaker)

Many big company meetings are worth missing. But probably not the ones planned today for Wachovia Corp. employees in Charlotte, N.C. John Stumpf (pictured), CEO of Wells Fargo & Co., will be speaking to Wachovia employees for the first time, along with Wachovia CEO Bob Steel, according to a Charlotte...

Posted on October 15, 2008 9:50 AM

What's lost in a Wachovia carve-up? (from Corporate Dealmaker)

Joseph Schumpeter touted capitalism's knack for creative destruction. But in the context of the possible outcomes as two giant banks spar over the fate of a third one -- with the government deeply involved -- the notion seems overly  idealistic. Kind of like Alan Greenspan's confidence that the derivatives markets...

Posted on October 9, 2008 2:08 PM