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CITIBANK CHINA
Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
- Norway wealth fund CEO warns just using AI for job cuts risks backlashNorway's massive sovereign wealth fund CEO, Nicolai Tangen, is urging global companies to embrace artificial intelligence for societal prog...
- Citi to cut up to 200 tech contractor roles in China, sources sayCitigroup is reducing its IT contractor workforce in China by up to 200 positions as part of a global strategy to enhance risk management a...
- China's central bank upbeat on Q2 GDP growthAs rising interests rates and inflation squeeze demand in the United States and Europe, China's core CPI has been soft and factory gate pri...
- Local lenders lead race to buy parts of Citi's India businessCitibank's consumer banking business houses three relevant businesses namely, credit cards, wealth management and mortgages the bank may se...
- Citibank to exit India consumer banking business as part of global rejig“Citi will focus its Global Consumer Bank presence in Asia and EMEA on four wealth centers — Singapore, Hong Kong, the UAE and London. As a...
- ByteDance says India's freeze on its bank accounts is harassmentIn the 209-page court filing lodged on March 25, ByteDance told the High Court in Mumbai the authorities acted against the company without ...
- Another Indian rises at Citi, Anand Selvakesari to head global consumer bankingUS based Citibank has elevated its former India consumer banking chief Anand Selvakesari as CEO global consumer banking in the latest addit...
- Aditya Puri appointed as a senior adviser in Asia for Carlyle GroupPuri previously spent over 20 years at Citibank overseeing parts of the bank’s activities across India, Greece, Saudi Arabia, Hong Kong, Ko...
- Citibank brings in paperless payment system for cardholdersIt would also allow customers to make card payments at the point of purchase itself at the retail outlets, thereby avoiding long queues at ...
- China to permit foreign banks to borrow $24 billion this yearChina's NDRC said foreign-funded banks are allowed to borrow as much as $ 24 bn of medium & long-term external debt this year.
- ABN Amro's wage bill soars in 2008-09: RBI dataThe Indian arm of the Royal Bank of Scotland-owned ABN Amro witnessed a sharp spurt in its wage bill during 2008-09.
- Shailendra Bhandari is ING Vysya Bank CEOShailendra Bhandari, a former Citibanker and who previously headed Centurion Bank of Punjab, has been appointed the new MD and CEO of Banga...
- Plastic money use jumps 50% in FY08Banks and credit card issuers in India , such as Citibank, American Express and Standard Chartered, have registered a sharp 50% jump in car...
- More foreign banks eye ChinaChina, a hot spot for banking service industry, has allowed over 20 foreign banks to operate in the country with corporate status as of 200...
- SBI, ICICI Bank beats MasterCard on brand valuationThe country’s number one commercial bank, the government-owned State Bank of India (SBI) and leading private sector bank, ICICI Bank (ICICI...
- 'Indian credit market is in its infancy'Citibank’s Asia Pacific Global Consumer Group head Stephen Bird, however, sees the inevitability of busts in the credit cycle in a growing ...
- Job hops: curbs likely on Asian bankersCitibank is suing six former employees in Singapore who defected to UBS earlier this year.
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