Citibank
Citigroup CFO reveals $1 billion cost for massive restructuring
07 Dec 2023
Mark Mason, Chief Financial Officer of Citigroup, disclosed that the bank’s extensive restructuring is expected to incur charges of approximately $1 billion for restructuring and severance.
Citigroup to pay $1.13 bn to settle residential mortgage claims
08 Apr 2014
The settlement offer would relieve Citi from having to buy back mortgages sold to the trusts, but would not cover home loans sold through private-label securitisation trusts by Citi's consumer mortgage business
Citi to be first western bank to issue credit cards in China
07 Feb 2012
With China Banking Regulatory Commission granting it approval to launch its credit card business, Citigroup will become the first western bank to issue credit cards in mainland China
Citibank exec nabbed for Rs100-cr con job
29 Dec 2010
Religare in Rs500-crore deal to buy Citigroup mortgages
15 Jul 2010
Earlier this year, Religare Enterprises agreed to take a controlling stake in private equity firm Northgate Capital, as part of a $1billion (Rs4,670 crore) plan to build a global asset management business
Citi turnaround earns Pandit Euromoney's 'Banker of the year' award
12 Jul 2010
For his two and a half years-long efforts in turning around Citigroup, Euromoney has named Citigroup CEO Vikram Pandit as `Banker of the year'.
Japan suspends Citibank's retail operations for a month
26 Jun 2009
Japan's Financial Services Agency has suspended all sales operations of the retail banking division of Citibank Japan Ltd from 15 July 2009 to 14 August 2009.
Citibank launches viral marketing campaign
17 Jun 2009
United Western to get SICOM's support; Stanchart, Citigroup join acquisition race
By Our Banking Bureau | 05 Sep 2006
Citibank introduces special package for small businesses, professionals
By Our Corporate Bureau | 19 May 2006
Infosys to buy out Citigroup stake in Progeon for Rs518 crore
By | 21 Apr 2006
Citibank customers can now pay from their mobile phones
By Mumbai: | 15 Oct 2005
Citibank customers can now pay from their mobile phones
By Mumbai: | 19 Jul 2004
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
