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US mortgage rates rise to 6.37% as Iran war fears and inflation pressure shake housing marketU.S. mortgage rates are moving higher again as global tensions and inflation worries affect the housing market. Home buyers are facing high...- 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...
- Oracle appoints new CFO with $950,000 pay package less than a week after laying off 30,000 employeesOracle, which is facing criticism as it laid of around 30,000 employees, has hired its new chief financial officer, Hilary Maxson. In a reg...
- 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...
- Citi to cut 20,000 jobs through 2026, CFO saysCiti also expects to shed a further 40,000 jobs when it lists its Mexican consumer unit Banamex in an initial public offering. It ultimatel...
- Citigroup cuts over 300 senior managerial rolesThe company started announcing the cuts - which affect those staffers two levels below Fraser's executive management team - on Monday, acco...
- Citibank India introduces new WFH policy for working mothers to provide greater flexibilityCitibank India has taken a significant step to support its female employees by extending the option of working from home (WFH) after matern...
- Citi’s capability centres in India to onboard at least 5,000 people in 2 years“Solution centres are critical to Citi globally to rapidly drive forward our digital strategy and India is extremely important to us from o...
- Citigroup plans 900 hires for commercial banking unit over 3 yearsA majority of these hires will be placed in China, Hong Kong, India and Singapore. China and India will each get around 80 new hires. Hong ...
- How market maven Sanjeev Kapur has taken brands Citibank India, Hindustan Unilever forwardToday Citibank India, despite having a relatively small footprint in the country, is the strongest brand in Asia and the third-strongest br...
- IIFT concludes placements with 204 offers, highest international offer of $50,000IIFT concludes placement with 204 offers and leadership roles from Cipla, Mahindra & Mahindra, RPG, Jindal Steel and Raymonds
- Apple Loses $170 billion in 3 monthsFor a company that was billed to hit a trillion dollar market cap in the near future, Apple’s recent stock market performance has been some...
- RBI initiates probe in Citibank fraud; to make statementSome of the Hero Group entities, along with some others, are victims of the fraud conducted through one of the Citi branches in Gurgaon.
- Tata appoints Citibank to advice on TCP mills saleTata group firm Corus on Wednesday said it has appointed Citibank to advice it on the sale of its Teesside Cast Product (TCP) mills in Redc...
- Citi’s Robinson goes, Jhaveri may fill slotCitibank’s chief executive officer for South Asia, Mark Robinson, has resigned and will be moving to Singapore in a senior regional role wi...
- Banks go slow on cards saleBanks and credit card issuers have reduced cold calls to potential customers by 50% against 200 calls made in a day even as recently as six...
- Citi package to help India businessThe US bailout of Citigroup will help its Indian operation, especially to allay fears among its customers about failure of the global banki...
- Citi to hire 1,000 people in Philippines next yearCrisis-hit US bank Citigroup revealed a $ 40 bn govt aid to revive its fortunes, has said that it plans to hire 1,000 new employees in Phil...
- Subhiksha in India got a faceliftGrocery retail in India got a facelift, thanks to Subramanian, the man behind the Subhiksha chain.
- 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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