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Citi Bank News

30 Mar 2022

Citi to sell India consumer business to Axis Bank for $1.6 billion

The deal will include the transfer of about 3,600 Citi employees to Axis. Citi expects the release of about $800 million of allocated tangible common equity after the deal.

12 Jun 2021

THESE 3 banks are offering unlimited free ATM transactions across India

These banks are IndusInd Bank, IDBI Bank and Citi Bank. IDBI offers free unlimited transactions at its own ATMs IndusInd Bank offers unlimited free ATM transactions at any bank in India.

16 Apr 2021

Citigroup to exit consumer banking operations in India, 12 other nations as pa

Citigroup will exit consumer banking operations in India, 12 other nations as part of global rejig The announcement was made as Citigroup reported its first-quarter results.

11 Oct 2016

These top banks warn they could leave Britain in 2017: Know why!

Top bankers warned on Tuesday they could start moving staff abroad as early as next year if there is no clarity on whether Britain will retain access to the European single market when it leaves the EU.

23 Sep 2015

Citi launches integrated banking product for younger customers

American lender Citi Wednesday announced a new product offering in the country targeted at people below 40 years of age, seeking to address multiple banking needs of the growing segment through a single relationship.

31 Aug 2015

Citigroup aims to boost equities franchise amid industry shakeout

Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank`s plans.

26 Jun 2015

Selvakesari elevated to head Citi's consumer banking in APAC

Global banking major Citi on Friday elevated Anand Selvakesari as the head of its consumer banking for Asia Pacific.

17 Apr 2015

Citi posts highest quarterly profit in 8 years as costs plunge

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.

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