Banks trim fat to focus on core business.(consolidation)(Brief article)
Publication: Business Credit
Publication Date: 01-SEP-06
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COPYRIGHT 2006 National Association of Credit Management
Many of today's largest banks are looking to step out of the mutual fund game that they once rushed into, preferring to focus on the core business of commercial banking. Citigroup last year unloaded its Citi Asset Management division to Legg Mason and Michigan-based bank Comerica is reportedly looking...
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