Citigroup to Acquire First American Bank
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Citigroup Inc. C.N the world's  largest financial services company, said on Tuesday it will  acquire First American Bank in the quickly-growing Texas  market.
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New York-based parent company Citigroup announced Tuesday that it is buying Bryan-based First American Bank, which has 102 full-service branches throughout Texas.
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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 America Corp. said Friday it has agreed to buy Countrywide Financial for $4 billion in stock, a deal that both rescues the country's largest mortgage lender and expands the financial services empire of the nation's largest consumer bank
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Bank of America is to become the largest US private banking firm, with the acquisition of Charles Schwab's US Trust.
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American Express, which fought for the right to sign deals with banks that issue cards on the Visa and MasterCard networks, said that it won a contract with Citigroup.
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One of the largest financial institutions in Texas has drawn the attention of a New York banking giant. Bryan-based First American Bank SSB will be acquired by New York-based Citigroup Inc.
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Capital One Financial Corp.   said on Friday it completed its $13.2 billion purchase of North  Fork Bancorp Inc., becoming the 11th-largest U.S. banking  company and third-largest retail bank by deposits in the New  York metropolitan area.
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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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SEOUL: Global banking giant HSBC has agreed to buy Korea First Bank in a deal which will put the British bank in competition with its US rival Citigroup in the world&#39;s 11th largest economy, a source said yesterday.
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Citibank  has made offers to  shareholders in Gulf Bank  to buy a significant stake  in the Kuwaiti lender, a newspaper said on Saturday.
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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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MetLife Inc. on Monday agreed to acquire Travelers Life & Annuity from Citigroup Inc. for &#36;11.5 billion, bolstering its product reach while sounding Citigroup's retreat from the one-stop financial supermarket concept.
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Capital One Financial Corp.  said on Friday it completed its $13.2 billion purchase of North Fork Bancorp Inc., becoming the 11th-largest U.S. banking company and third-largest retail bank by deposits in the New York metropolitan area.
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Citigroup Inc.  plans to increase its China headcount by one-third in 2007, as it opens new branches and boosts its small and medium-sized enterprise business, the top U.S. bank said on Wednesday.
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Citigroup Inc.  is in advanced  talks to buy Automated Trading Desk, an electronic trading  firm, for about $700 million, The Wall Street Journal Online  reported on Tuesday.
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Shares of Citigroup Inc  rose 3.4 percent on Friday on hopes the largest bank in the United States was close to securing new outside capital and preparing other moves to shore up its strained balance sheet.