Citi Group
Citi India now 'better off' after retail unit sale, pivot to focus on corporate banking: Balasubramanian
Citi India aims to grow by capitalizing on a booming IPO market and cross-border M&A opportunities. CEO K Balasubramanian notes the bank's revenue has increased significantly post-retail business sale, focusing on corporate clients amid India's economic expansion.
5 min read11 Dec 2025India’s equity capital market volumes to see heightened activity next year, Citi Group says
India's equity capital market volumes are anticipated to exceed the current level of $46 billion next year, according to top Citi Group executives.
3 min read20 Oct 2025They signed up for Citi’s new premium card. It turned into a nightmare.
The bank’s Strata Elite cardholders say they have been locked out of their accounts for weeks, unable to make purchases or redeem rewards that cost an annual $595 fee.
4 min read16 Oct 2025Citi downgrades US stock market to neutral, upgrades China; here's why
Citigroup Inc. downgraded US equities to neutral from overweight while upgrading China to overweight, saying that US exceptionalism is at least on pause.
2 min read11 Mar 2025Citigroup employee accidentally credits $81 trillion instead of $280 into customer's account. Here's what happened next
Citigroup's employees accidentally credited $81 trillion into a customer's account instead of $280. This error was later flagged by another employee and the transaction was reversed to recover the lost amount.
2 min read28 Feb 2025Citigroup upgrades Indian stocks to 'Overweight' despite market crash, sets Nifty's year-end target as THIS
Citigroup upgraded Indian stocks to overweight, citing meaningful upside amid less demanding valuations, predicting the NSE Nifty 50 Index could rise to 26,000 by December. The firm downgraded Southeast Asian equities due to weak earnings momentum.
1 min read24 Feb 2025Citigroup launches AI tools for 1,40,000 employees in 8 countries, tech head says ‘like having a super-smart coworker…’
Citigroup has launched new AI tools, Citi Assist and Citi Stylus, for 140,000 employees across eight countries. The rollout begins this month with gradual expansion to other markets.
1 min read5 Dec 2024The outsider trying to restore Citi to investment-banking glory
Vis Raghavan, Citi’s new banking head, is setting his sights on the buyout kings.
4 min read12 Nov 2024Large multinationals keen on IPOs in India after Hyundai's debut: Citi
On Tuesday, Hyundai Motor India listed at ₹1,934 on the National Stock Exchange, a discount to its IPO price of ₹1,960 but Citi's Rahul Saraf said many clients are encouraged by the listing.
2 min read23 Oct 2024Citi’s India retail customers in for a refresh as Axis integration nears completion
Axis Bank acquired Citibank’s India consumer business for ₹11,603 crore in March 2023.The transaction had included credit cards, retail banking, wealth management and consumer loans, as well as the transfer of about 3,200 Citi employees.
3 min read4 Jul 2024Wait for it…
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