The 1998, Citigroup and Travelers merger once seen as a promising venture, turned into one of the biggest banking fiascos (complete failures) in history. Bringing together a multitude of businesses under Citigroup’s roof led to...
Tag : merger
Around 120 million customers, ahead of the population in many countries like Germany, are already being served by the HDFC Bank. The merger of HDFC Bank Ltd and Housing Development Finance Corp has made it...
Merger of Lakshmi Vilas Bank with DBS Bank India. Lakshmi Vilas Bank Limited was established in the year 1926 in Karur of Tamilnadu. It was a private sector bank in India with 566 branches in...