King Of Capital

Mehr zum Buch

A fascinating story of a legendary dealmaker who masterminded an unprecedented merger, the narrative follows Citigroup CEO Sandy Weill, who orchestrated numerous deals throughout his remarkable forty-five-year career. The 1998 merger of Travelers and Citibank stands out as the pinnacle of his achievements, creating the international conglomerate Citigroup. This account reveals how Weill revolutionized the banking industry, transforming Citigroup through strategic mergers and bold maneuvers. He built successful enterprises from seemingly unworkable pieces, identified and filled unnoticed product gaps, and tackled challenges that others avoided. His audacious tactics were particularly evident during the formation of Citigroup, where he lobbied for deregulation and engaged in a public power struggle to oust his co-CEO. Through the engaging narrative by financial writers Amey Stone and Mike Brewster, readers explore Weill's legacy, beginning with the establishment of Shearson in 1970 and continuing through his influential role at American Express. The book delves into Weill's signature deals and the path he took to the top, showcasing his ability to foster a familial workforce dynamic. Weill's distinctive traits include a laser-like focus, trust in his team, and a strong belief in himself, despite early challenges. Stone and Brewster bring their extensive financial writing experience to this compelling portrait of a CEO whose deal