Citi to Sell India Retail Unit for $1.6B to Axis Bank
The sale is part of Citi's ongoing strategy to focus on high-growth businesses such as wealth management.
Source: themiddlemarket.com
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Citi Announces Agreement to Sell Its Consumer Businesses in India to Axis Bank Limited
30.03.2022 - Citi today announced that it has reached an agreement with Axis Bank Limited (Axis) for the sale of Citi’s consumer businesses in India. Axis was selected by Citi following an extensive and competitive auction process. The transaction comprises the ... Seite 1
Source: wallstreet-online.de
Is Citi putting its money where its mouth is in Asia?
With consumer business sales mostly finalized in Asia, attention turns now to Jane Fraser’s commitment to devote the proceeds to growth in the region. We are seeing early signs.
Source: euromoney.com
Citi Singapore launches programme to retain local talents for long-term growth
As part of its talent development strategy and plans for long-term growth in Singapore, Citi Singapore on Tuesday (March 29) launched a special initiative to facilitate regular communication with its Singaporean staff who are based abroad. . Read more at straitstimes.com.
Source: straitstimes.com
Citi appoints new head of markets for Asia Pacific
New head has been promoted to role after serving at the bank since 2007, most recently as head of equities for the region.
Source: thetradenews.com