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ING Direct acquires Sharebuilder: Has it facilitated effective cross-sell?
In November 2007, ING Direct acquired personal investment site Sharebuilder. While the acquisition was said to be strategic in that ING Direct would now be able...
High rates still drew consumer deposits into E*Trade despite bankruptcy chances
In November 2007, Prashant Bhatia, a Citi Investment Research Analyst, wrote that E*Trade had a 15% chance of bankruptcy due to the effects of the decline in the...
Is Obopay on Track to Become the Next PayPal?
In February, Citibank announced a partnership with Obopay to pilot the company’s eponymous peer-to-peer mobile phone payment service. The two companies launched...
