Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsCiti group

    Citi Group

    Jump to

    • Citi, JPMorgan opt out of $1.4 billion SBI Funds IPO on low fees

      Shareholders selling in the IPO — the state-run State Bank of India and France’s Amundi SA — offered fees of about 0.01% of the issue size, which bankers called rock bottom

    • LTI Mindtree shares fall 5% as Citigroup plans to slash external IT contractors to 20% from 50%

      The New York-headquartered Citi Group planning to reduce external dependence and increase its internal resources comes as US President Donald Trump continues to promote the 'America First' policy and impose harsh tariffs on imports.

    • Citi confirms Arvind Vashistha to continue as Head of India Equity Capital Markets

      Vashistha, a chartered accountant, joined Citi as head of equity capital markets in November 2014 from UBS

    • Citigroup buys shares of two banks for Rs 222 crore

      Citigroup through its affiliate Citigroup Global Markets Mauritius purchased shares through two separate bulk deals on the BSE.

    • Citibank India FY23 results: Profit after tax jumps 26% to Rs 4700 crore

      The lender’s net interest margin (NIM) for FY23 was 5.15 percent compared to 4.65 percent last year.

    • Three big banks rake in better-than-expected profits

      JPMorgan Chase, Citigroup and Wells Fargo have unveiled banner earnings for the first three months of the year.

    • Citi India’s Badrinivas NC to take over Asia Pacific role

      Badrinivas will be the markets treasury regional head for Asia Pacific.

    • Axis Bank acquires Citi India’s consumer biz | Management commentary on the deal & future plans

      Axis Bank will acquire Citigroup's India consumer business for $1.6 billion. Citigroup will transfer 3,600 employees to Axis Bank. Citigroup-Axis Bank deal closure period is January-June 2023. Listen in to Axis Bank's management commentary about the deal contours and plans post the deal completion.

    • Bank of America customer finds $2.45 billion surprise in account

      The bank's spokesperson later confirmed that it was a display error and no money has been transferred.

    • Fuel demand to ring-fence oil & gas biz; BPCL top pick: Citi

      The government‘s currency overhaul, or demonetisation drive, is unlike to impact oil and gas businesses in the near term as fuel demand look good, according to Citi Group. Saurabh Handa, oil and gas analyst at Citi Group said that he is quite positive on the sector and stock valuations are reasonable.

    • Sentiment aside, placing contrarian bet on gold: Citi Grp

      Mohammed Apabhai, head-APAC Trading Strategies, Citi Group says the brokerage is liking contrarian calls at the moment and is now positive on gold.

    • BT likely to ‘Insource‘ upto 40% of tech deals

      British Telecom (BT) is planning to transfer some of its tech contracts in-house to its captive arms in Malaysia and India.

    • Mkt watch: Global & local cues that will impact Nifty today

      The Indian market closed flat to higher on Monday after recouping losses in afternoon trade. The Nifty ended at 5,687.25, up 11.20 points. A quick look at global and local developments.

    • Cairn UK to offload 8%-stake in Indian arm for $940 mn

      CNBC-TV18's Nimesh Shah reports that Cairn UK will sell 15.3 crore shares in Cairn India, worth USD 940 million, at Rs 317.90-328.30 per share

    • Citi confirms data breach at Citi Account Online

      Citigroup Inc confirmed a computer breach at Citi Account Online, giving hackers access to the data of hundreds of thousands of bank card customers.

    • Citigroup sells private equity assets to Axa unit

      Citigroup sells private equity assets to Axa unit

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347