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CITI GROUP News
Citigroup adjusted profit rises 14 percent on lower expenses
Mon, Jan 14, 2019
Citigroup Inc reported a 14 percent rise in adjusted quarterly profit on Monday, as lower expenses offset a decline in revenue in its fixed-income business.
Citigroup, Deutsche Bank face Australian court in landmark cartel case
Tue, Oct 09, 2018
Lawyers jammed into the courtroom in downtown Sydney for the first administrative hearing of the case, which could have major implications for the underwriting business and lead to increased scrutiny from regulators worldwide.
Citi group invests USD 35 mn in realty portals PropTiger, Housing & Makaan.Com
Mon, Aug 20, 2018
Stating that technology is key to its business, he said the company will invest in bringing new features for personalisation, improving conversion rate, and natural language processing based search.
Citi Group says, U.S. regulators are investigating its hiring practices
Sat, Feb 25, 2017
U.S. agencies, including the U.S. Securities and Exchange Commission, are looking into whether or not the bank hired candidates "referred by or related to foreign government officials" over other candidates, the filing said.
Citi lowers India's GDP growth forecast to 6.8% for 2016-17
Mon, Jan 09, 2017
Global brokerage Citigroup has lowered India's growth forecast to 6.8% for this fiscal from 7.2% earlier, as cash crunch has affected pick-up in consumption while uncertainty around demonetisation may further delay any recovery in private investments.