Last Updated: Wednesday, December 04, 2013, 18:32
The European Union imposed a record 1.7 billion euros (USD 2.3 billion) in fines on six institutions on Wednesday for rigging key interest rates that affect vast sums of money around the world.
Last Updated: Tuesday, November 26, 2013, 14:14
A top Indian-American executive at Citigroup has been appointed president of Standard & Poor's Ratings Services, the world's largest ratings firm.
Last Updated: Saturday, November 23, 2013, 20:02
The Board of Directors of Pfizer Ltd and Wyeth Ltd, in their respective meetings today, approved a proposal to merge Wyeth India with Pfizer India, Pfizer said in a statement.
Last Updated: Friday, November 15, 2013, 18:31
US federal authorities are investigating activities of traders at major global banks suspected of forming cartels and altering the price of foreign currencies, a manipulation dubbed as "just the tip of the iceberg," according to a media report.
Last Updated: Thursday, November 07, 2013, 22:13
Goldman Sachs Thursday said its currency trading was being probed by regulators, joining a list of large financial institutions that have disclosed foreign exchange investigations in recent days.
Last Updated: Tuesday, October 15, 2013, 20:52
Citi India, part of global banking major Citigroup, recorded a loan growth 7.4 percent at USD 7.1 billion for the third quarter ended September 30.
Last Updated: Tuesday, October 15, 2013, 18:51
US banking giant Citigroup reported Tuesday third-quarter results that missed expectations, citing a "challenging" environment.
Last Updated: Tuesday, October 15, 2013, 18:36
Citigroup Inc reported a marginal fall in adjusted quarterly profit from ongoing businesses after the Federal Reserve`s decision to continue its bond-buying program for longer than expected slowed trading by clients.
Last Updated: Thursday, October 10, 2013, 10:09
Citigroup has downgraded Cummins India to "sell" from "neutral" and cut the price target to 377 rupees from 410 rupees, noting that its shares rallied in the last month despite a difficult operating environment.
Last Updated: Friday, July 26, 2013, 12:50
Citigroup downgrades property developer DLF to "sell" from "neutral" and cuts its target price to 150 rupees from 209 rupees.
Last Updated: Tuesday, June 25, 2013, 19:22
In its show cause notice, SEBI had alleged Citigroup Global of purchasing 15.03 crore shares (amounting to 7.87 percent stake) of Cairn India which triggered the obligation for the foreign fund house to make disclosures to the concerned stock exchanges and the company.
Last Updated: Thursday, May 16, 2013, 22:58
Beginning a new innings, former Citigroup chief Vikram Pandit will spearhead Nimesh Kampani- led JM Financial's proposed banking venture and will also make a strategic investment in the financial services group.
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