Citi is targeting big markets like Seattle and Dallas as battlegrounds to snatch deposits from rivals like JPMorgan Chase and Bank of America

The bank for years has lagged behind competitors in attracting deposits, thanks in part to a vastly smaller bank-branch footprint.

November 08, 2019   |   View Online »

Citi is targeting big markets like Seattle and Dallas as battlegrounds to snatch deposits from rivals like JPMorgan Chase and Bank of America Alex Morrell | The bank for years has lagged behind competitors in attracting deposits, thanks in part to a vastly smaller bank-branch footprint. Read More »

Merrill Lynch just overhauled client-retention incentives for retiring advisers. An internal memo said it will hike payouts and subsidize handovers starting in 2021. Rebecca Ungarino | Andy Sieg, the unit's president, told financial advisers in a memo that the handover program is key to providing "uninterrupted" service to clients. Read More »

Investors are placing huge bets on marijuana as more states legalize THC. Here are the top 25 cannabis startups that have raised the most VC cash. Jeremy Berke | VCs sunk over $3.5 billion into cannabis startups between 2018 and 2019. Here are the startups that received the largest chunks. Read More »

WeWork's coding boot camp Flatiron School has laid off dozens of employees Becky Peterson,Meghan Morris | The layoffs at Flatiron School come weeks after WeWork's failed IPO and the resignation of CEO Adam Neumann. Read More »

How Outbrain established 'around the web' content recommendations, only to lose its lead to Taboola and end up get eaten by its rival Lucia Moses | In October, the two dominant content recommendation companies Outbrain and Taboola announced plans to merge to create a $2 billion company. Read More »

Meet The Trade Desk's Jeff Green, ad-tech's most loved CEO, who thinks he can save targeted advertising Lauren Johnson | Green talked about Google, its work to create a standard ID for cookies and how he convinced Wall Street to buy into ad-tech company. Read More »

Companies like Google and Microsoft are making big investments in startups looking to disrupt healthcare. Here's where 5 top tech giants are placing their bets. Clarrie Feinstein,Lydia Ramsey | The tech companies are investing in healthcare startups in areas like genomics and chronic disease care. Read More »

Insiders say WeWork's IT is a patchwork of cheap devices and Band-Aid fixes that will take millions to fix Julie Bort,Meghan Morris | At WeWork's start, IT was led by a 16-year-old who dropped out of high school to join the company. Read More »

We asked a 17-year Walmart transportation exec everything about the Fortune 1's massive supply chain network — from increasing sustainability to its trucking fleet that's more exclusive than Harvard. Here's the full conversation. Rachel Premack | Walmart is the largest retailer in the US. It's also one of the largest transportation companies — topped off with an ultra-exclusive trucking fleet. Read More »

Tesla is starting to ditch Salesforce and replace it with its own software for company salespeople Mark Matousek | Tesla is set to abandon Salesforce for a proprietary customer-relationship-management system, three Tesla salespeople confirmed to Business Insider. Read More »

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