Citigroup to sell China consumer wealth business to HSBCCitigroup has agreed to sell its China consumer wealth portfolio, including clients, assets under management, and deposits, to HSBC. The de...
09 Oct, 2023, 09.44 AM IST
Tiger Global sells entire stake in Zomato for Rs 1,123 crore via bulk dealMarquee funds, including Axis Mutual Fund, Goldman Sachs, Citigroup, Morgan Stanley Asia, and Societe Generale were among the buyers in the...
28 Aug, 2023, 07.33 PM IST
Deutsche Bank tells investors some of their Russian shares are missingGermany's largest bank said in a note dated June 9 and viewed by Reuters that it had uncovered a shortfall in the shares that back the depo...
27 Jun, 2023, 12.23 AM IST
Citi to wind down consumer banking in China, affecting about 1,200 staffThe group had announced plans in April 2021 to exit its Chinese consumer banking business as part of a global strategy to withdraw from con...
15 Dec, 2022, 03.30 PM IST
Next six months to be quite telling for world, says Citigroup's Jane Fraser"There is also the ability to reach a very large domestic market. Particularly given the dynamics of China and geopolitics, you don't want ...
28 Jul, 2022, 08.51 PM IST
Citigroup profit beats expectations on trading boomTrading has emerged as a bright spot for Wall Street banks this quarter as clients look to rebalance their portfolios in the face of geopol...
15 Jul, 2022, 08.15 PM IST
Warren Buffett's Berkshire buys Citigroup and several other stocks, slashes VerizonBerkshire also finally exited Wells Fargo & Co, a 33-year-old investment that Buffett soured on after finding it too slow to address revela...
17 May, 2022, 07.18 AM IST
UniCredit, Citi consider swapping assets with Russian institutions - FTUniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...
15 May, 2022, 10.58 AM IST
Goldman Sachs to exit Russia"Goldman Sachs is winding down its business in Russia in compliance with regulatory and licensing requirements," the bank said in an emaile...
10 Mar, 2022, 08.53 PM IST
Russian risk recalibration a wake-up call for investorsBuying into companies on the basis of environmental, social and governance (ESG) factors is one of the hottest trends in the fund managemen...
10 Mar, 2022, 11.02 AM IST
What happens when stimulus ends? Chinese equities’ 15% plunge shows just thatCentral banks around the world are dealing with the aftermath of last year’s multiple interest-rate cuts and trillions of dollars in stimul...
25 Mar, 2021, 05.27 PM IST
Opec's easy win masks tough oil market choices still to comeThe cuts have allowed the US shale producers to lock in margins and plan new investments.
01 Dec, 2017, 07.30 PM IST
Opec and Russia extend output cuts, boosting oil alliance“We are united, shoulder to shoulder,” Saudi Arabian Energy Minister Khalid Al-Falih said.
01 Dec, 2017, 09.32 AM IST
Wall Street has more bad news for Opec: 2018 doesn't look greatWhile Goldman expects Opec deal to ultimately succeed, it warns the surplus may reappear.
02 Jun, 2017, 07.31 PM IST
OPEC leaves market guessing on exit strategy after oil pactThe deal to maintain the cut another nine months, hammered out this week in Vienna.
26 May, 2017, 10.59 AM IST
- EU FMs show new resolve to rein in bank bonuses
European finance ministers lined up behind proposals to rein in bank bonuses as governments sought to forge a common stance on overhauling ...
03 Sep, 2009, 02.28 AM IST
- Citi brings in 'outsider' to replace Nayar here
A day after ET reported that Sanjay Nayar, Citigroup’s CEO for South Asia, is moving out, the American banking major on Thursday named vete...
21 Nov, 2008, 06.32 AM IST