Last Updated: Wednesday, May 27, 2015, 17:20
The Reserve Bank is likely to cut policy rates by 0.25 percent in its upcoming policy review meet next week, a Citigroup report said on Wednesday.
Last Updated: Wednesday, May 27, 2015, 10:35
Global demand for the steelmaking commodity is likely to decline by more than 60 million tonnes between 2018 and 2025, said Citigroup,
Last Updated: Thursday, May 21, 2015, 14:49
The 30-share BSE index has gained just 338 points so far this year and is hovering around 27,800 points.
Last Updated: Wednesday, May 20, 2015, 22:41
Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and six banks were fined a total of nearly $6 billion in a settlement that substantially ends a global probe into misconduct in the $5-trillion-a-day market.
Last Updated: Wednesday, May 20, 2015, 17:01
UBS will pay $545 million to US authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.
Last Updated: Tuesday, May 12, 2015, 23:41
Five major banks are expected to settle with US and British authorities next week for their role in rigging the foreign exchange market, a source told AFP Tuesday.
Last Updated: Monday, April 20, 2015, 22:59
Citigroup CEO Michael Corbat Monday called on Prime Minister Narendra Modi and is believed to have discussed economic situation and bank's India plans.
Last Updated: Friday, April 17, 2015, 08:39
Citi has been slowly getting its house in order by cutting costs and shedding assets that are not critical to its main businesses. It has sold retail operations in many countries and shrunk its U.S. branch network.
Last Updated: Friday, April 17, 2015, 06:38
Citigroup Inc reported its highest quarterly profit in nearly eight years as costs plunged, showing that the bank`s efforts to streamline its business may be starting to pay off.
Last Updated: Thursday, April 16, 2015, 22:44
Last Updated: Thursday, April 16, 2015, 19:44
Lower expenses helped lift Citigroup earnings in the first quarter, but the bank`s divisions reported mixed performance amid lower revenues, according to earnings Thursday.
Last Updated: Wednesday, April 8, 2015, 00:18
"There has been a delay to our launch due to the FCA. We have informed our prospective investors," said Silver Ridge Asset Management cofounder Farhang Mehregani.
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