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Examples
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Citigroup hasn't said what it plans to do with the private-label credit-card business, but people familiar with the situation say executives are leaning toward keeping it, rather than striking a cut-rate deal or splitting it up and selling off the pieces.
Taking Out the Trash Suzanne Kapner 2011
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A private label credit-card business OneMain consumer-finance unit
Citi's Talks to Sell Unit End Suzanne Kapner 2012
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But in a sign that not all the businesses placed into Citi Holdings are troublesome, Citigroup recently said it decided to keep a private-label credit-card operation that previously had been up for sale, after profits at the unit improved.
Citi Shakes Up Executive Ranks Suzanne Kapner 2011
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One example: the private-label credit-card business that was bloated and losing money when it was put into Citi Holdings.
Taking Out the Trash Suzanne Kapner 2011
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Citigroup recently decided to keep a private-label credit-card business that had been earmarked for sale.
Citi's Talks to Sell Unit End Suzanne Kapner 2012
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Citi Holdings also includes a 49% stake in the Smith Barney brokerage firm, a private-label credit-card business, securities backed by corporate debt and other risky assets, and a consumer-lending business called OneMain Financial.
Taking Out the Trash Suzanne Kapner 2011
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ING had been discussing combining ING Direct with Citigroup Inc.'s private-label credit-card business, and those talks have ended, one person said.
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ING is seeking to merge ING Direct with a lending operation and has talked with CIT Group Inc. and Citigroup Inc.'s private- label credit-card business, people with knowledge of the matter said last week.
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Call credit-card companies, banks, and other card issuers to report theft or loss of credit cards or bank cards.
HOME COMFORTS CHERYL MENDELSON 2005
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Call credit-card companies, banks, and other card issuers to report theft or loss of credit cards or bank cards.
HOME COMFORTS CHERYL MENDELSON 2005
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