Citi

The branch will offer external commercial borrowings and trade loans, addressing foreign currency funding requirements of multinationals, large local corporates and financial institutions

Clear signage to represent each banks' space; Citi to retain 14 branches

Unit addresses financial services requirements of emerging large corporates and mid-market enterprises

Steepest cuts from Citi and Morgan Stanley; stock sheds 3.33% to end at Rs 2,420

Petrol and diesel prices are down by $40-50 per barrel from month-ago levels

The bank's profit fell to $4.5 billion, or $2.19 a share, in the quarter ended June 30, from $6.2 billion, or $2.85 a share, a year earlier

In a span of almost four years, Citibank has lost 600-basis points (bps) in spends market share.

Cheaper-than-expected valuation for the above-average customer franchise is positive; extracting synergies, smooth integration among key challenges

Acquisition of 3 million unique customers of Citibank India to enhance Axis Bank's presence in the key identified growth segments, the Mumbai-headquartered lender said

Citigroup Inc's commercial banking unit will hire 900 staff over the next three years, a large part of which will be for the U.S. bank's Asia Pacific business

DBS, Southeast Asia's biggest lender, said it will take over 3,500 staff in Citi's Taiwanese business

Emerging markets will face a "double whammy" in 2022, caught between limited growth and reduced risk appetite as a result of monetary tightening, Citi said

He will report to Ashu Khullar, CEO, Citi India and Tim Monger, Asia Pacific CFO, Citi.

Despite being a foreign bank, we move 7-10 per cent of the Indian payment systems, says CEO Khullar

Our Nifty target for December is 14,800, implying a marginal upside from current levels, says Khanna

In the past six months, IndiGo has outperformed the Sensex index and has rallied 78.4 per cent on the BSE till Wednesday. In comparison, the S&P BSE Sensex is up 42.8 per cent, BSE data show

A Citigroup China unit has received a domestic fund custody licence from China Securities Regulatory Commission, the bank said, latest foreign financial firm to expand its presence in mainland China

Presentations made on video conference to government; IPO pegged at Rs 1 trillion by some

Apple recently boosted its capital return program by $50 billion

US banks have been benefiting from a jump in markets-related revenue following the rate hikes