Citigroup

Citigroup profit beats estimates on investment banking surge

Citi's operating expenses declined 2% in the third quarter.

16 October 2024, 00:59 IST

Citigroup profit beats estimates on investment banking surge

16 October 2024, 00:59 IST

INQ Holdings, SBI funds, Citigroup biggest buyers in Adani Energy's $1 billion QIP

The Rs 8,373.10 crore ($1 billion) qualified institutional placement (QIP) of Adani Energy Solutions Ltd (AESL), which closed last week, saw over 120 investors seek shares in the firm that is into power transmission, distribution and smart metering business.

04 August 2024, 08:56 IST

INQ Holdings, SBI funds, Citigroup biggest buyers in Adani Energy's $1 billion QIP

04 August 2024, 08:56 IST

Citi breached a rule meant to keep banks safe, made liquidity reporting errors

The Regulation W infractions come as Citi works to fix separate problems in its risk management and internal controls. Authorities labeled its risk practices "unsafe and unsound" in 2020, and rebuked Citi over how it measured counterparty risks in 2023.

31 July 2024, 11:34 IST

Citi breached a rule meant to keep banks safe, made liquidity reporting errors

31 July 2024, 11:34 IST

Labour ministry rebuts Citigroup's research report on employment in India

Ministry of Labour and Employment strongly rebuts such reports which do not analyse all official data sources available in the public domain, it said.

09 July 2024, 04:03 IST

Labour ministry rebuts Citigroup's research report on employment in India

09 July 2024, 04:03 IST

India will fail to plug jobs gap even with 7% growth: Report

India’s joblessness, especially among young people, was a key concern among voters in recent elections and was cited as a reason for the drop in support for Prime Minister Narendra Modi’s ruling party.

06 July 2024, 08:54 IST

India will fail to plug jobs gap even with 7% growth: Report

06 July 2024, 08:54 IST

Citigroup hit with racial bias suit from a conservative law firm

The plaintiffs, who don’t bank with Citigroup, claim they were charged out-of-network fees for transactions at the bank’s ATMs in Florida, while customers from minority-owned financial institutions weren’t.

18 May 2024, 10:24 IST

Citigroup hit with racial bias suit from a conservative law firm

18 May 2024, 10:24 IST

Harassment and drugs have plagued a Citi division for years

Interviews with 22 people who worked in or closely with the equities division suggest the incidents weren't an aberration, painting a picture of persistent harassment and discrimination at Citigroup's equities unit in New York, which advises on and executes trades for top hedge funds and other Wall Street players.

23 March 2024, 15:57 IST

Harassment and drugs have plagued a Citi division for years

23 March 2024, 15:57 IST

Citigroup lays off more bosses as CEO Fraser addresses managing directors

The bank last week said it would cut 20,000 jobs over the next two years, after a fourth quarter marred by one-off charges that resulted in a $1.8 billion loss.

19 January 2024, 03:57 IST

Citigroup lays off more bosses as CEO Fraser addresses managing directors

19 January 2024, 03:57 IST

Citigroup CEO announces management changes, 'difficult' decisions

Specific leadership changes across businesses and functions will be communicated by executives on Monday first to their teams and later posted on an internal site, the memo to employees said.

20 November 2023, 15:34 IST

Citigroup CEO announces management changes, 'difficult' decisions

20 November 2023, 15:34 IST

Citigroup employees brace for layoffs, management overhaul: Report

Preparations for Monday's announcements were communicated verbally in meetings, according to a source familiar with the situation who was not authorised to speak publicly.

20 November 2023, 08:10 IST

Citigroup employees brace for layoffs, management overhaul: Report

20 November 2023, 08:10 IST