- The report notes that the target's name could not be determined, but it is a regional bank that overlaps geographically with Citigroup's retail-banking unit, which has its highest concentration of branches in the Northeast, California and Texas.
- A deal could be reached later in November.

Other headlines for [C]

• C Today 03:29pm
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• C Today 03:17pm
  Citigroup Inc Confirms Robert Rubin is retiring from Board- Notes that Rubin will remain on the board until the bank's next annual meeting.
  
• C Today 03:00pm
  Citigroup Inc Robert Rubin will resign from Board shortly - WSJ
  
• Today 01:16pm
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• SAY Yesterday 11:17pm
  Satyam Computer (ADR) Citigroup has frozen more than 30 of the company's accounts - Economic Times- The accounts frozen are trade receivable accounts and the aim may be to protect the bank's $70M exposure to the company.
  

Financials sector headlines

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• EQR Today 04:10pm
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• GNW Today 04:05pm
  Genworth Financial Inc OTS: Application to be thrift holding company still pending
  
• IVZ Today 04:00pm
  Invesco Reports Dec AUM $357.2B v $348.0B m/m
  
• HIG Today 03:57pm
  The Hartford Financial Services Group Inc Office of Thrift Supervision (OTS): HIG receives approval to become Thrift holding company- this approval will allow HIG to recieve money from the federal rescue fund.