Citigroup

Citi to divest Bahrain retail business to Ahli United Bank

US banking major Citi has brokered a deal to sell its retail banking business in Bahrain to Ahli United Bank…

UnionBank to raise $1.1bn to fund acquisition of Citi’s retail operations in Philippines

UnionBank of the Philippines has announced plans to raise as much as $1.1bn (PHP59bn) to fund the acquisition of Citi’s retail business…

Axis Bank set to buy Citi’s retail business in India

Axis Bank is set to close the deal to acquire Citi’s consumer banking operations in India, CNBC-TV18 reported citing people familiar with…

Citi’s Russian business could lose billions as Ukraine crisis deepens

Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict American banking…

Russian exposure amounts to $10bn, says Citigroup as Ukraine crisis deepens

Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Amid the…

HSBC has no plans to buy Citi’s Mexican retail unit

UK-based banking group HSBC has informed investors that it has no plans to buy Citigroup's retail banking operations in Mexico, Reuters has…

Citigroup global retail arm posts 40% jump in Q1 profit

Citigroup’s Global Consumer Banking (GCB) arm has posted a net income of $1.39bn for the first quarter of 2018, a…

Citigroup global retail arm registers 9% rise in Q4 profit

Citigroup’s Global Consumer Banking (GCB) arm has posted a net income of $1.33bn for the fourth quarter of 2017, an…

Citigroup reports 8% rise in net income to $4.13bn in Q3 2017

Citigroup has reported a net income of $4.13bn for the third quarter (Q3) of 2017, an increase of 8% compared…

Citigroup net income dips 3% in Q2

Citigroup has reported net income of $3.87bn for the second quarter of 2017, down 3% compared to $3.99bn in the…