Citigroup
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May 07, 2022, Saturday
We will double down on India, says Citigroup CEO (India) Ashu Khullar
'The consumer business has over the years become largely dominated by domestic players, not only in India but globally'
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May 03, 2022, Tuesday
Citigroup behind error that wiped out $315 billion from European markets
The bank said it identified the error "within minutes" and corrected it
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May 03, 2022, Tuesday
Error by Citigroup trader caused 'flash crash' in Europe markets
A flash crash is an extremely fast fall in the price of one or more assets, often caused by a trading mistake
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April 22, 2022, Friday
Loved by banks, bond trade worth Rs 2 trn faces scrutiny from RBI
Traders argue that the transactions are structured as so-called forward rate agreements, which are permitted by the RBI, allowing ...
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April 14, 2022, Thursday
Nasdaq, S&P 500 fall as growth shares lose steam, mixed Q1 results by banks
Twitter rises on Elon Musk's $41-bn buyout offer'; Morgan Stanley, Citi rise after results; Wells Fargo slips after quarterly ...
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April 14, 2022, Thursday
Citigroup's Q1 profit sinks 46% on loan loss provisions, dealmaking slump
Citi adds $1.9 bln of reserves for Ukraine crisis; investment banking revenue slumps on SPAC slowdown
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April 13, 2022, Wednesday
JPMorgan's Q1 profit falls 42% on slowdown in deals, trading
The largest US lender, whose fortunes are often seen as a barometer of the health of the economy, posted a profit of $8.28 bn, or ...
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April 07, 2022, Thursday
Testing the tenacity of multinationals
Exiting from India is mostly part of the global strategy of the marquee firms to put their energies into more lucrative projects ...
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March 31, 2022, Thursday
Axis Bank-Citi deal: Brokerages list key positives & negatives for the bank
The affluent credit card segment was seen as a gap in Axis Bank's customer positioning and will fit in the lender's retail ...
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March 31, 2022, Thursday
Axis Bank spurts 2% on acquiring Citigroup's Indian banking businesses
The private lender has acquired Citigroups' Indian consumer banking businesses, including credit cards, retail banking, wealth ...
