Page 3 - Citibank

Pramit Jhaveri to step down as Citibank India chief on January 31

Will be vice-chairman of banking, capital markets, advisory, Asia Pacific

US SEC fines Citibank more than $38 mn for abuse in handling ADRs

The SEC found that Citibank falsely provided US securities that represent foreign shares, or ADRs, to brokers in thousands of premature transactions

Citibank to take solution co-developed with Bengaluru's Moxtra globally

Both companies have jointly developed an in-app video conferencing and collaboration tool

Citi's app connects clients with experts

The facility has been launched in India, for the first time anywhere in the world

Citi India FY16 net down 5% at Rs 3,233 cr

Capital adequacy at 15.8% up from 15.3% a year ago; net NPA at 0.5% compared to 0.4% as on March 31, 2015

Citibank ups Sensex target on stellar March quarter

US-based brokerage sees Sensex touching 28,800 by December end

Citi shutting down its retail broking biz

Citibank took the decision despite having a large customer base, with most of the clients only availing the wealth management business, the bank's key proposition