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Axis Bank snaps up Citigroup's India consumer business

Consumer

01 March, 2023

Axis Bank snaps up Citigroup's India consumer business

Citibank's customers will witness a major transformation from Wednesday as the grand old bank, which started its India operations back ......

Investment banking from home thrives, but some fear losing their touch

Finance

29 December, 2020

Investment banking from home thrives, but some fear losing their touch

Cary Kochman kicked off a sale process for U.S. printing services provider InnerWorkings Inc just as lockdowns to limit the ......

Goldman Sachs to raise $8 bn for new buyout fund

Finance

07 February, 2020

Goldman Sachs to raise $8 bn for new buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, ......

Citi's corporate banking arm aims to pick up steam as market cools down

Finance

14 January, 2020

Citi's corporate banking arm aims to pick up steam as market cools down

When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional corporate bankers ......

Flashback 2019: Global M&As stable but cross-border deals slump

Finance

31 December, 2019

Flashback 2019: Global M&As stable but cross-border deals slump

A rise in large mergers and acquisitions (M&A) helped offset a plunge in cross-border deals in 2019, and many dealmakers ......

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......

Saudi Aramco kick-starts what could be world's biggest IPO

Infrastructure

04 November, 2019

Saudi Aramco kick-starts what could be world's biggest IPO

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float ......

Motilal Oswal's wealth management arm hires former Citi banker as CEO

General

29 October, 2019

Motilal Oswal's wealth management arm hires former Citi banker as CEO

Motilal Oswal Financial Services Ltd’s private wealth management unit has appointed Virendra Somwanshi as its managing director and CEO. Somwanshi will ......

Citigroup names Peter Babej as Asia Pacific chief executive

Finance

17 October, 2019

Citigroup names Peter Babej as Asia Pacific chief executive

Citigroup Inc has named Peter Babej, the U.S. bank's global head of financial institutions group, as its new Asia Pacific ......

Citigroup names Suneel Hargunani co-head of EMEA for equity capital markets unit

Finance

14 October, 2019

Citigroup names Suneel Hargunani co-head of EMEA for equity capital markets unit

Citigroup Inc on Friday named Douglas Adams and James Fleming global co-heads of its equity capital markets business, which helps ......