Wilmarth, Arthur E - In: Journal of Banking Regulation 15 (2014) 3-4, pp. 235-265
Citigroup has served as the poster child for the elusive promises and manifold pitfalls of universal banking. When Citicorp merged with Travelers to form Citigroup in 1998, Citigroup’s leaders and supporters asserted that the new financial conglomerate would offer unparalleled convenience to...