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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.

Citi, Morgan Stanley in Brokerage Talks; Rubin Quits

Reuters | 318 days 15 hours 59 minutes ago

By Dan Wilchins and Jonathan Stempel NEW YORK (Reuters) - Citigroup Inc is in advanced talks to sell its Smith Barney brokerage unit to Morgan......

Read the complete story at Reuters

Web Buzz:
  • Rubin quits as Citi looks to sell brokerage

    Financial Times - 318 days 16 hours 53 minutes ago

    Robert Rubin on Friday said he would leave Citigroup after a controversial decade on its board as it emerged that the company was in talks to cede...

  • A Good Deal for Citigroup’s Smith Barney?

    The Wall Street Journal - 318 days 17 hours 33 minutes ago

    Will selling Smith Barney finally be the deal that works for the Citigroup brokerage? Citigroup has put its Smith Barney brokerage on the block; it...

 

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