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CITIBANK EUROPE
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...
ValueQuest Investment Advisors Names Deepak Ramachandra as CEOValueQuest Investment Advisors has named Deepak Ramachandra as CEO. With leadership experience at Axis Capital, Citibank, and Credit Suisse...
Citi names Gutiérrez-Orrantia Europe banking and cluster head in restructureThe latest step in the bank's reorganisation was announced on Monday, with Citi's CEO, Jane Fraser, saying that "the actions we're taking t...
RBI approves appointment of Ittira Davis as MD & CEO of Ujjivan SFBPrior to Ujjivan, Davis was the Managing Director with the Europe Arab Bank, London. He has also held leadership positions with Arab Bank p...
Anuranjita Kumar announces exit from the Royal Bank Of ScotlandAnuranjita Kumar joined the bank in September 2017 after a 22-year stint at Citi in September 2017. Here she spearheaded a variety of initi...
Renzo Arcoria named head of markets & securities for Citi IndiaUnder him, Citi has become one of the top investment banks in Italy in fixed income in the last two years with a market share of 11 per cen...
Citibank says Sridhar Iyer to take charge of marketing in IndiaUS banking giant Citibank NA on Friday said Sridhar Iyer, the bank's head of digital banking in India will take the additional role of mark...
Sanjeev Kapur is Citibank 's new CMO in key regionsBefore joining Citi in 2007, Kapur had taken the conventional marketer’s career by joining Hindustan Lever (now Hindustan Unilever).
JSW Steel raises $500 million though forex bondsThe five year bond carried a coupon rate of 4.75%. The bankers involved in the issue were Deutsche Bank, Citibank, Standard Chartered, ANZ ...
Wipro keen on Citi-like captives to accelerate banking unit growthWipro gets about 26 per cent of its revenue from financial clients. That compares with about 34 per cent for Infosys and 43 per cent for TC...
- HDFC Bank, Bharti Airtel International to issue dollar bonds
The size of the issue has not been decided yet, typically the benchmark size of a dollar bond 144A REG S offering is $500 million.
HDFC Bank and Bharti Airtel may sell US dollar bonds"Private sector issuers may not enjoy the pricing power that state owned companies enjoy due to better credit quality," said a merchat bank...
- Saudi Arabia to have 6th highest per capita GDP by 2050: Report
Saudi Arabia is expected to emerge as the sixth richest economy of the world in terms of per capita GDP by 2050, surpassing Canada, the Uni...
- New Madoff suits take aim at big global banks
The trustee, Irving Picard, is seeking more than 1 bn $ from the banks, claiming they knew or should have known of the fraud in accepting m...
- OPIC provides $250 mn to Citi for MF lending
US-based Overseas Private Investment Corporation (OPIC) has approved USD 250 million funding to Citibank to give loans to micro finance ent...
- Wipro, Infy, TCS eye IT captives in Germany
The Big 3 of Indian IT plan to acquire captive information technology units of large outsourcers in Germany. India IT's silver lining | Hew...
- Europe's Pearle to tie up with Reliance Retail for optical products
Pearle Europe is entering into a 50:50 joint venture partnership with Reliance Retail to sell optical products under the Vision Express bra...
- Reddy enquires bankers on subprime
The sub-prime crisis in the US and Europe still seems to be haunting the local banking community.
- Thomas Cook in talks to buy TCI
Thomas Cook India is in an advanced state of negotiations to buy out the promoters of inbound travel company Travel Corporation India (TCI).
- Saksoft Q1 PAT up 50%
IT solutions provider, Saksoft Ltd on Wednesday posted a 50% increase in profit after tax at Rs 2.31 cr for the quarter ended June 30, as c...