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IBM’s ‘Watson’ on Wall Street

IBM’s ‘Watson’ on Wall Street

By Mike Fossum March 6, 2012

IBM’s ‘Watson’ supercomputer and Jeopardy champion just secured a gig on Wall Street, according to Bloomberg. Citigroup, the third largest lender in the U.S., will utilize Watson to “help analyze customer needs and process financial, economic and client data to …

Citigroup Attracts Women With Mirrors

The financial giant made a push for female clients in four major media markets by placing mirrors around the cities.

Big Profit Increase For Citigroup, But Not Big Enough

Citigroup’s second quarter results didn’t live up to the expectations of many analysts, although the company’s profits more than quadrupled.

Citigroup and Legg Mason Take Care of Business

Citigroup is purchasing Legg Mason’s Broker-Dealer business, while Legg Mason on the other hand is acquiring Citigroup’s Asset Management Business.

Citigroup and Legg Mason Trade Businesses

Citigroup and Legg Mason are working out a deal in which Legg Mason will acquire Citigroup’s Asset Management business, while Citigroup acquires Legg Mason’s Broker-Dealer business.

Citigroup and Legg Mason Make A Deal
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Citigroup and Legg Mason are doing a little trading of assets. Legg Mason will get Citigroup’s Asset Management business, and Citigroup in return will get Legg Mason’s broker-dealer business.

Citigroup Drops $2 Billion For UC Enron Investors

Citigroup was sued by a group of investors led by the University of California over its role in the fall of Enron. Citigroup agreed to pay $2 billion to settle.

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UC Enron Investors Get $2 billion From Citigroup

A group of Enron investors fronted by the University of California has gotten $2 billion out of Citigroup as it agreed to pay this amount to settle a lawsuit.

Enron Investors Squeeze $2 Billion Out of Citigroup

Citigroup has agreed to settle a class action lawsuit from Enron investors, and pay $2 billion. The company was accused of having a role in a big accounting fraud scandal at Enron.

Citigroup Blinks

The prospect of facing more litigation in Texas has led the company to pay $2 billion to Enron investors to settle claims.

Citigroup Pays $2 Billion To Settle Suit Over Role in Enron Scandal

A group of Enron investors have managed to squeeze $2 billion out of Citigroup as it agreed to pay this amount to settle a lawsuit. Citigroup along with several other banks, was accused of having a role in a big accounting fraud scandal at Enron.

Citigroup Forks Out $2 billion To Settle Enron Suit

Citigroup has agreed to pay $2 billion to Enron Corp. to settle a class action lawsuit from investors. Citigroup was accused of having a role in a big accounting fraud scandal at Enron.

Google Now Worth $80 Billion

John Battelle notes that Google’s market capitalization is now just north of 80 billion dollars, making it the largest media company on the planet, overtaking Time Warner.

Citigroup Settles With Global Crossing

Citigroup has settled a lawsuit brought by telecommunications network provider Global Crossing.

Citigroup Sells International Business to Metlife

MetLife is buying Citigroup’s Travelers Life & Annuity, and all of Citigroup’s international insurance businesses for $11.5 billion.

From Citigroup to Bank of Israel

Israel’s Prime Minister, Ariel Sharon and Finance minister, Benjamin Netanyahu have chosen Stanley Fischer of Citigroup to be the governor of the Bank of Israel.