Thu, Jan 18, 2024
The cuts are going to make a small dent in the Wall Street bank's regional research workforce where it has several hundred employees based in multiple markets.
More >
Sun, Jan 14, 2024
While the S&P 500 banks index rose 7 per cent in 2023, it underperformed indexes tracking industrial or consumer discretionary companies.
Thu, Jan 11, 2024
The company recorded a charge of about $1.7 billion to replenish a Federal Deposit Insurance Corp fund that was drained after the collapses of Silicon Valley Bank and Signature Bank.
Mon, Dec 18, 2023
The bank is now looking to start the China securities business around the end of 2024 at the earliest, the report added, citing people familiar with the matter.
Tue, Nov 21, 2023
Citigroup layoffs 2023 news: Executive management team members sent emails to subordinates outlining changes, according to one source familiar with the situation who declined to be identified discussing personnel matters. Leaders also held conference calls to discuss the changes, another source said.
Wed, Oct 18, 2023
Citigroup did not disclose paper losses on its portfolio for the third quarter.
Thu, Sep 28, 2023
The transaction, the financial details of which were not immediately known, will also see Asia-focussed HSBC taking over "a few hundreds" of Citi's China-based staff, said one of the sources.
Thu, Sep 21, 2023
What is special in City's #Report on UPL? Why did City's trust in UPL increase? What is City's target on UPL? Know complete details in this video
Tue, Aug 22, 2023
Citigroup on Tuesday said Ravi Kapoor will retire as Banking, Capital Markets and Advisory (BCMA) Head for South Asia and India after working with the group for 18 years.
Fri, Mar 03, 2023
Citigroup layoffs 2023: Citigroup is cutting hundreds of jobs across the company, with the Wall Street giants investment banking division among those affected.
Thu, Feb 02, 2023
What has happened with Adani Group in the last 24 hours? Is Citigroup too strict on Adani? How much did Adani Group's market cap fall? Know the complete details from Arman.
Citigroup Inc.’s wealth arm has stopped accepting securities of Gautam Adani’s group of firms as collateral for margin loans. Know full details from Kushal Gupta.
According to a Bloomberg report, Credit Suisse has banned margin loans against Adani Group companies' bonds.
Thu, Nov 10, 2022
The US markets fell by 2-2.5% after surging for three consecutive days. Dow Jones slipped 650 points and closed at the day's low. The Nasdaq fell by 2.5% and the S&P 500 index fell by 2%. Apart from META, Barclays, Citigroup also laid off people. Disney's stock lost 13% due to weak results. Today, the data of October inflation will be monitored. The inflation rate for October is estimated to be at 7.9%.
Wed, Mar 30, 2022
Citigroup has agreed to sell its consumer banking business in India to Axis Bank for $1.6 billion, the latest step in Chief Executive Officer Jane Fraser`s push to simplify the bank.
Axis Bank is close to acquiring Citigroup's retail banking business in India and a deal is likely to be announced soon, sources said on Wednesday.
Sat, May 16, 2020
Saudi Arabia`s sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major US companies including Boeing, Facebook and Citigroup, according to a US regulatory filing.
Thu, Dec 19, 2019
Reacting to the Telecom Regulatory Authority of India (TRAI) floating a consultation paper on fixation of floor prices, analysts say it opens up room for more tariff hikes.
Sat, Mar 23, 2019
"A review of Hong Kong-based cash equities execution identified personal conduct that did not meet our standards and we have taken appropriate action," the U.S. bank said in a statement to Reuters on Saturday.
Mon, Apr 09, 2018
Citigroup has slashed the Sensex target to Rs 35,700 by December 2018 citing India Inc earnings problems going ahead. It has also replaced some stocks in its list that are expected to do well. Check out the top picks here.
Wed, Feb 28, 2018
NIO`s proposed IPO of $1 billion-$2 billion comes as the firm, founded by Chinese internet entrepreneur William Li in 2014, seeks fresh capital to finance its expansion and investments in areas including autonomous driving and battery technologies, one of them said.
Tue, Jan 16, 2018
Citigroup jumped 1.4% after the lender reported profit that topped Wall Street expectations
Tue, May 02, 2017
"I`m looking at that right now. There`s some people that want to go back to the old system, right? So we`re going to look at that," EFE news quoted Trump as saying in an interview with Bloomberg News.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
