Lohia Corp Raises Rs 492 Cr From Anchors Ahead of IPO
Lohia Corp raised Rs 492 crore from anchor investors including Nomura, Citigroup and Societe Generale ahead of its Rs 1,102 crore IPO. In total, 27...
Tag : citigroup
Citigroup Management Reshuffle Creates Restlessness Amongst Employees
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...
Top US Banks Exceed Earnings Estimates on Rising Interest Rates
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...
11 US Banks Announce $30 Billion Bailout for First Republic Bank
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...
Mphasis Hits 7-Month Low as Deals Take Longer to Turn into Revenue
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...
Nykaa Shares Soar After 54 million Shares Changed Hands in Two Block Deals
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%...
Wall Street Banks’ Profits Declined, Brace for Weaker Economy
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....
Revlon Lenders Seeks Rehearing after Citigroup’s $500 MN Win
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...
Citigroup Sets New Diversity Goals for Workforce
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...
Govt Appoints 5 Commercial Bankers to Sell Remaining Stake in Hindustan Zinc
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...