Citigroup and Legg Mason Take Care of Business
Citigroup is purchasing Legg Mason's Broker-Dealer business, while Legg Mason on the other hand is acquiring Citigroup's Asset Management Business.
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Citigroup is purchasing Legg Mason's Broker-Dealer business, while Legg Mason on the other hand is acquiring Citigroup's Asset Management Business.
In his classic book, "Think and Grow Rich", Napoleon Hill discussed the eleven secrets of leadership. Recently, as I was reading the book, it occurred to me that the attributes of strong leadership and effective selling have a tremendous amount in common.
Citigroup and Legg Mason are working out a deal in which Legg Mason will acquire Citigroup's Asset Management business, while Citigroup acquires Legg Mason's Broker-Dealer business.
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