Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Tuesday, February 13, 2007
Banking Goes Short
Citigroup is selling its umbrella back to St. Paul Travellers and will do business as just plain Citi. Citi has also acquired the UK online bank Egg, and is said to be considering opening brick-and-mortar Egg offices.
Looks like its time for a new, trendy, nationwide trust company. We can call it . . .
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