Major US bank, partly built from assets including Primerica sold by Jerry Tsai.
“Partnerships between the two sets of lenders have proliferated, taking a variety of forms and drawing in lenders of different sizes.”
Source→“He would eventually take over the American Can Company, you know, that had been co-founded by Jack's grandfather... Tsai would become the CEO of that. He would transform that into Primerica and then sell it to Sandy Weil and Jamie Dimon, and that would be part of the building block of Citigroup.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.