This deal complemented Travelers/Smith Barney properly as Salomon was targeted on fixed-income and institutional shoppers, whereas Smith Barney was sturdy in equities and retail. Salomon Brothers absorbed Smith Barney into the brand new securities unit termed Salomon Smith Barney; a yr later, the division incorporated Citicorp’s former securities operations as nicely. The Salomon Smith Barney name was deserted in October 2003 after a sequence of monetary scandals that tarnished the financial institution’s popularity. Citi Private Bank advises skilled traders, extremely high-net-worth individuals and households, and legal professionals throughout the world. It makes use of an open architecture community of greater than 800 private bankers and investment professionals throughout forty six international locations and jurisdictions to offer clients access to global investment alternatives.
Merger Of Citicorp And Vacationers 1998
The Costco Business card presents excellent money back on further travel-oriented expenses like eating places and eligible fuel, however the rewards for Costco spending are much less impressive. Instead, you earn cash back within the form of ThankYou factors on certainly one of ten classes on the end of each billing cycle. That makes maximizing your 20,000-point sign-up bonus (spend $750 in the first three months) even easier. You can then increase your rewards with a Citi journey card through switch partners.