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Citigroup News

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By 2026, Citigroup's employee count is expected to be around 180,000, down from 240,000 in 2022.
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Citigroup will exit consumer banking operations in India, 12 other nations as part of global rejig The announcement was made as Citigroup reported its first-quarter results.
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Biggest mistake of banking sector. Citigroup disagrees with this decision. Citigroup intends to appeal.
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Prior to joining Paytm in October 2016, Deora served as Managing Director in Citigroup's investment banking business.
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With a market value of $159 billion, the London- and Hong Kong-listed lender is worth more than Citigroup, even though its stock has fallen under Flint's tenure.
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The Saudi Arabian Prince has sizable stakes across dozens of top companies in the world.
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The reinsurance company has fixed the price band at Rs 855-912 for its IPO.
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The issue comprises fresh issue of 1,72,00,000 shares by the Corporation and an offer for sale of 10,75,00,000 shares by the promoter.
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The government has selected five merchant bankers, including Goldman Sachs and Citigroup, to manage the government's 3 percent stake sale in IOC which could fetch about Rs 6,000 crore to the exchequer.
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Citi has joined JPMorgan at the top of global regulators` list of systemically important banks, replacing HSBC and meaning the U.S. bank will have to hold extra capital from 2019 to help preserve financial stability.
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CPI inflation could fall below 4 percent in November-December period before climbing back to 4.5 percent in March and accordingly there will be some space for further monetary policy easing, says a Citigroup report.
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Retail inflation is expected to soften to 4.1 percent in October and ease further to sub-4 percent level by November-December, largely helped by favourable base effect, says a Citigroup report.
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Painting a dire picture of the US economy in the eventuality of Donald Trump's victory, a forecast by Citigroup said the American stock market will fall by three to five percent if the Republican presidential candidate wins the White House race.
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Top bankers warned on Tuesday they could start moving staff abroad as early as next year if there is no clarity on whether Britain will retain access to the European single market when it leaves the EU.
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Moving closer to become a publicly-listed exchange, Asia's oldest bourse BSE today filed draft papers with markets regulator Sebi to raise an estimated Rs 1,200-1,300-crore initial public offering.
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India is expected to see net FDI inflows of USD 35 billion this financial year, which may fall short of the figure for 2015-16, says a Citigroup report.
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In a research note a team led by the US bank`s chief economist Willem Buiter said the election was a major source of uncertainty in the global economy.
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Vodafone Group has set the ball rolling for its long-awaited India IPO by inviting banks, including Citigroup, Goldman Sachs and Morgan Stanley, to submit pitches to manage it, people with direct knowledge of the deal said
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The rupee is likely to "moderately depreciate" towards the 69 level in the next 9-12 months on the back of higher crude prices in the second half of next fiscal, a Citigroup report says.
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Two of the billionaire co-founders of software major Infosys, S Gopalakrishnan and S D Shibulal, and some of the latter's family members today sold 7.5 million equity shares of the company for Rs 862 crore on exchanges.






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