Page 2 - Citi Bank

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 portfolio.

What does the Axis-Citi deal mean for Citi's India customers?

Citigroup has sealed the deal with Axis Bank to sell its consumer businesses for nearly $2 bn. What does Citi's exit from India mean for its customers here? And what Axis is going to gain from it?

TMS Ep140: Axis-Citi deal, BS Awards 2021, small caps, carbon credits

What does Axis-Citi deal mean for Citi's India customers? What does the BS Awards 2021 winners reflect about India Inc? Will small cap continue its dominance? What are carbon credits? All answers here

Top headlines: Govt to review PLI progress; Axis buys Citi's India's biz

The central government will do a two-stage review of the PLI scheme to determine its progress and implementation across sectors. More on this in our top headlines.

With Citi deal, life has come full circle for Axis Bank's Amitabh Chaudhry

In all likelihood, he would have worn a broad grin; and asked them to get behind their desks. A confirmed workaholic, Axis Bank's boss is not known to suffer fools gladly

Citi joins foreign banks scaling down India ops under global strategy

Likewise, Merril Lynch, Barclays and Standard Chartered scaled down their operations in 2015

Citibank customers to continue availing privileges and offers: Axis Bank MD

If the customers agree to Axis managing their business, their accounts, credit cards and other business will change over, else the relationship will terminate and they can exit with their deposits

Axis Bank set to buy Citi's India consumer business: Report

In April 2021, Citigroup announced its plan to exit from the consumer banking business in India as part of its global strategy

March out of retail: Why are foreign banks clinging to corporate banking?

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space

American lender Citi to hire 80 commercial bankers in India in 3 years

The move is part of a plan to hire 350 bankers in Citi Commercial Bank Asia Pacific over the next three years, as per a statement

Citi to sell retail arms in 4 Southeast Asian markets to Singapore's UOB

UOB buying Indonesia, Malaysia, Thailand and Vietnam operations

Citi to exit Mexican consumer business as part of strategy revamp

Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending its 20-year retail presence in the country

Covid-19: Citigroup confronts vax holdouts in no jab, no job mandate

With its deadline fast approaching, the company is preparing for action

Indian investment bankers tighten grip over the league table

ICICI Securities, Axis, Kotak among top 5 managers of equity issuances

Citigroup appoints Rahul Saraf as head of Indian investment banking

Citigroup has appointed Rahul Saraf as the head of its Indian investment banking unit, according to a statement from the bank on Friday

Mastercard ban to hit Citi and RBL's customer acquisition the most

In India, there were over 900 million debit cards as on May 31, 2021, of which over 400 million were issued by Mastercard

EU blocks Citi, 9 other banks from some bond sales over antitrust breaches

Banks including JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and Barclays Plc have been blocked from arranging individual syndicated transactions for the NextGenerationEU program by the

Citi may be spoilt for choice for consumer business suitors: Analysts

Process may take more than a year to complete, say analysts; business as usual as of now

SBI Card trades higher for third straight day; stock up 8% on heavy volumes

In the past three days, the stock has gained 10 per cent after correcting 22 per cent from its record high level of Rs 1,149 touched on February 24, 2021

Investment banking from home thrived in Covid, but some fear losing edge

Some investment bankers fear losing their competitive edge as they pitch digitally for business, amid concerns that younger bankers are falling behind