It has been more than seven months since Bank of America bought FleetBoston, and almost six since JPMorgan Chase and Bank One announced their deal. But still Citigroup hasn?t pounced, confounding those who were sure that the world?s largest bank would feel compelled to join the rush to build a national retail franchise in its home market.
Too many, it seems, were so deafened by the noise about US bank mergers that they didn?t hear what Citigroup was saying.
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