citigroup Archives

Citigroup Management Reshuffle Creates Restlessness Amongst Employees

Ali WaghbakriwalaNovember 18, 2023November 18, 2023

November 18, 2023November 18, 2023

Employees of Citigroup are expecting announcements about management changes and layoffs on Monday following the next phase of the bank’s sweeping reorganisation. The Citigroup employs...

BUSINESS

Top US Banks Exceed Earnings Estimates on Rising Interest Rates

adminApril 15, 2023April 15, 2023

April 15, 2023April 15, 2023

Asia’s Nikkei reported that top US banks delivered solid quarterly profit growth on Friday, beating analysts’ expectations, as the sector’s biggest lenders shrugged off the...

WORLD

11 US Banks Announce $30 Billion Bailout for First Republic Bank

adminMarch 17, 2023March 17, 2023

March 17, 2023March 17, 2023

The United States eleven biggest banks declared a $30 billion rescue package for First Republic Bank to save the California-based bank from becoming the third...

MARKETS

Mphasis Hits 7-Month Low as Deals Take Longer to Turn into Revenue

adminFebruary 27, 2023February 27, 2023

February 27, 2023February 27, 2023

Foreign brokerage Citigroup gave the stock a “sell” rating after management at mid-cap IT company Mphasis said deal wins would take longer to translate into...

MARKETS

Nykaa Shares Soar After 54 million Shares Changed Hands in Two Block Deals

adminNovember 18, 2022

November 18, 2022

Bloomberg reported that shares of FSN E-Commerce Ventures, which operates Nykaa, saw two block trades on Friday, with about 54.2 million shares, or a 1.9%...

BUSINESS

Wall Street Banks’ Profits Declined, Brace for Weaker Economy

adminOctober 14, 2022October 14, 2022

October 14, 2022October 14, 2022

Profits fell at Wall Street’s biggest banks in Q3 as they braced for a weaker economy. Investment banking was hit hard as dealmaking dried up....

BUSINESS

Revlon Lenders Seeks Rehearing after Citigroup’s $500 MN Win

adminSeptember 24, 2022September 24, 2022

September 24, 2022September 24, 2022

Some of the Revlon Inc. creditors who were being unintentionally sent $900 million plus by Citigroup Inc. requested a federal court appeal for a rehearing...

BUSINESS

Citigroup Sets New Diversity Goals for Workforce

adminSeptember 20, 2022

September 20, 2022

On Tuesday, Citigroup Inc (NYSE:C) introduced new diversity goals for gender, race and sexual orientation in its workforce for 2025. The company aims to boost...

MARKETS

Govt Appoints 5 Commercial Bankers to Sell Remaining Stake in Hindustan Zinc

adminSeptember 12, 2022

September 12, 2022

The government is seeking to dilute its remaining 29.5% stake in Hindustan Zinc this financial year, CNBC TV-18 reported on September 12. ICICI Securities, Axis...

BUSINESS

Axis Bank to Acquire Citi’s India Consumer Business for $1.6 Billion

adminMarch 30, 2022March 30, 2022

March 30, 2022March 30, 2022

Citigroup Inc had announced that it would sell its Indian consumer businesses to private lender Axis Bank for $1.6 billion, as the US bank exits...

EquityPandit

Tag : citigroup

Citigroup Management Reshuffle Creates Restlessness Amongst Employees

Top US Banks Exceed Earnings Estimates on Rising Interest Rates

11 US Banks Announce $30 Billion Bailout for First Republic Bank

Mphasis Hits 7-Month Low as Deals Take Longer to Turn into Revenue

Nykaa Shares Soar After 54 million Shares Changed Hands in Two Block Deals

Wall Street Banks’ Profits Declined, Brace for Weaker Economy

Revlon Lenders Seeks Rehearing after Citigroup’s $500 MN Win

Citigroup Sets New Diversity Goals for Workforce

Govt Appoints 5 Commercial Bankers to Sell Remaining Stake in Hindustan Zinc

Axis Bank to Acquire Citi’s India Consumer Business for $1.6 Billion

EquityPandit