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In a coup for the much-maligned Citigroup Inc (NYSE:C), a senior executive from Bank of America has quit his job to join the bank in August. Citigroup Inc (NYSE:C) Pulls BoA Coup According to a number of reports, Citigroup Inc (NYSE:C) have managed to steal a top executive from rival Bank of America. The ex-Managing Director of US equity capital markets will join Citigroup Inc (NYSE:C) in August, after spening nearly four years with BoA. Citigroup Inc (NYSE:C) suffered not only financial losses during the economic crisis, but also a staff drain as their highest-quality minds were tempted to leave to companies that could offer more job security. Citigroup Inc. (NYSE:C) shares were at 44.2 at the end of the last day’s trading. There’s been a -6.9% change in the stock price over the past 3 months. Citigroup Inc. (NYSE:C) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.9 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.15 Zack’s Rank: 1 out of 15 in the industry
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Wednesday, May 11, 2011
Citigroup Inc (NYSE:C) Pulls BoA Coup
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