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Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...- Google co-founder Sergey Brin donates $500,000 to fight overpaid CEO tax: 'fled socialism with my family in 1979...'Google co-founder Sergey Brin has stepped into San Francisco’s heated tax debate with a USD 500,000 political donation aimed at opposing a ...
- New discovery solves mystery of location of Shakespeare's London houseA newly discovered 17th-century map has pinpointed the exact location of William Shakespeare's only purchased home in London, near the Blac...
- Sundar Pichai, Vikas Khanna, Ranbir Kapoor named among TIME's 100 most influential peopleTIME has recognized Google CEO Sundar Pichai, chef Vikas Khanna, actor Ranbir Kapoor, YouTube Chief Neal Mohan, and NYC Mayor Zohran Mamdan...
- KKR-backed Baby Memorial to acquire 60% stake in Star Hospitals for ₹1,800 croreBaby Memorial Hospital will acquire around 60% stake in the Hyderabad hospital chain's parent company, Unimed Healthcare.
- RBI approves appointment of P R Seshadri as MD & CEO of South Indian BankThe Reserve Bank of India on Thursday approved for the appointment of P R Seshadri as Managing Director & CEO of South Indian Bank for a pe...
- CitiFinancial seeks buyers for its asset portfolio as bad loans mountCitiFinancial Consumer Finance India, the retail lending unit of Citigroup, is negotiating with private banks to sell its assets as the sal...
- Citigroup seeks buyers for CitiFinancial, says reportCitigroup is looking for buyers for CitiFinancial, the largest consumer finance company in the US, a move that would raise hundreds of mill...
- Chasing Lakshmi?LVB eyeing Citi's NBFC reflects the strength of Indian banking system.
- Lakshmi Vilas Bank eyes ailing Citi NBFCLVB, the south-based, old private sector lender, is in talks with Citigroup to acquire CitiFinancial Consumer Finance India, the struggling...
- Santander unit to buy Citi loan portfolioA US unit of Spain's largest bank, Banco Santander, reached an agreement with Citi's to acquire $3.2 billion of CitiFinancial Auto's auto l...
- CitiFinancial to be recast, to get a new nameCitigroup today will revamp CitiFinancial as part of an effort to better serve customers.
- Citigroup restructures US consumer finance businessCitigroup Inc is closing 330 branches of its US consumer finance business as part of a restructuring aimed at finding a buyer for the unit,...
- Our strategy today is no longer lending-led: Mark T RobinsonCiti remains the largest foreign direct investor in financial services in India, with an investment of over $4 bn. The bank is upbeat on In...
- Fullerton India lays off 3,000 employeesTemasek-backed NBFC Fullerton India has given pink slips to 3,000 employees, which is around 20% of its workforce in India.
- Citi shuts Doxford, CitiFinancial branches in UKGlobal banking giant Citigroup is closing down its Doxford call centre and CitiFinancial branches which could result in the loss of about 7...
- CitiFin sacks 400, bank plans $1b loan selloffA slowdown and loan defaults in the local market coupled with capital concerns have forced Citigroup India to take some tough calls. Need f...
- Citi India puts two finance arms to sleepSticky loans and a dip in profits have taken their toll on CitiFinancial, one of the most aggressive finance companies in the country. Need...
- IIM Lucknow student body offers ‘consultancy’ to India IncIIM Lucknow’s Consulting Club has kicked off a unique initiative; AETIUS, a student-run body providing fee-based services to corporate clie...
- Citigroup restructures residential mortgage businessCitigroup Inc, the largest US bank by assets, is planning to integrate its various mortgage businesses - from originations to securitizatio...
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