Exact(6)
Mr. Weill promoted the idea of a financial services supermarket that could offer customers "one-stop shopping" among businesses as varied as retail banking, credit card lending, investment banking and insurance.
His departure will be a blow to the legacy of Sanford I. Weill, Citigroup's former chairman and founder who championed the idea of a "financial services supermarket" that would bring consumer banking and investment banking under one umbrella.
Wilpon's friends also include Sanford I. Weill, who created Citigroup as a financial services supermarket, and Charles O. Prince III, who resigned under pressure as chairman last year as the economy started to crater and Citi's profits began to erode.
The rising demands on the court system, particularly the Family Court, to serve as both arbiter of justice and social services supermarket has forced space requests to make room for everything from drug treatment facilities to offices for counselors who tend to the needs of abused or neglected children.
By the end of the day the financial services supermarket dropped 18.4%, or $4.15, to $18.35.
Before Citicorp merged with Travelers to form Citigroup in 1998, there was no such thing as a financial services "supermarket".
Similar(54)
The company also services supermarkets and many industrial clients.
The company also services supermarkets and a host of industrial clients.
Most past efforts to construct financial services "supermarkets," notably by American Express and by Sears, Roebuck, did not last long.
Self-service supermarket checkout or manned?
Which brings us, naturally, to the self-service supermarket till.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com