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The people said Citi will wait until it sells its consumer-lending business, OneMain Financial, and sheds or runs off additional assets housed within Holdings before finalising its decision on the cards unit.
FORBES: Buffett May Not Net OneMain
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Instead, they have decided to focus on profitable products, such as savings accounts, cards, unit trusts, mortgages and insurance.
ECONOMIST: Supermarket banking
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And he has been placed in charge of Kodak's second-biggest revenue generating unit, Health Imaging, where the cards are stacked for his success.
FORBES: Magazine Article
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The unit, up for sale since January 2009, includes store cards for Sears Holdings Corp.
WSJ: Store-Brand Credit Cards Boom
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Citibank unit announced that they are killing foreign-transaction fees on some of their cards.
WSJ: Surprise: Banks Ease Card Fees
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Cleveland Police have set up a dedicated Financial Investigation Unit, which is committed to asset confiscation and officers are now issued with laminated cards, highlighting key points to consider when dealing with suspects.
BBC: Seized drugs cash traps dealers
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A. unit purchased Monterrey, Mexico-based Banca Confia, which issues Visa and MasterCard credit cards to Mexicans that can be used in Cuba. (Credit cards issued in the U.S. aren't allowed in Cuba.) The impact on Citigroup's bottom line may be minuscule, but it's a toe in the Cuban door.
FORBES: Give 'em rope
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A. unit purchased Monterrey, Mexico-based Banca Confia, which issues to Mexicans Visa and MasterCard credit cards that can be used in Cuba. (Credit cards issued in the U.S. aren't accepted in Cuba.) The impact on Citigroup's bottom line may be minuscule, but it's a toe in the Cuban door.
FORBES: Castro's props
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The game will focus entirely on the battle between the two factions, with Booker and Elizabeth showing up as wild cards who can either be persuaded to help either faction, or serve as their own unpredictable unit.
FORBES: Connect
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To make things worse, the UK Cyber Crime Unit wasn't even aware of the existence of RFID chips, (makes sense, since the cards don't use such technology) and we're not sure what's to stop another group of clever hackers making off with another set of credit cards and forever ruining any hope of security we've managed to hold onto so far.
ENGADGET: UK's ATM cards thoroughly trounced by ID thieves