The Next Heavyweight Champion of Banks
Julie Creswell reports for the New York Times on the battle of the big banks: Citigroup vs. Bank of America.
"Citigroup has been so traumatized by the events of the last five years that it is no more the wild-eyed risk taker," said Richard X. Bove, an analyst at Punk Ziegel & Company."We're seeing one company shrink while the other expands. It's only a matter of time before Bank of America is bigger than Citigroup."





