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3 mins read
Axis Bank completes acquisition of Citibank’s consumer business for ₹11,603 crore – here’s everything to know
India’s third-largest private lender Axis Bank on Wednesday said it has completed the acquisition o…
4 mins read
Axis Bank scoops up Citi India’s retail assets, including the lucrative credit card business, for $1.6 billion
Axis Bank has acquired Citi India’s retail assets, including the company’s lucrative credit card bu…
3 mins read
Here’s why Axis Bank may be willing to pay $2 billion to buy Citi’s India ops
Axis Bank could be the leading horse in the race to acquire Citi Bank’s retail assets, and the bigg…
2 mins read
Citigroup reports steep drop in 4th-quarter earnings as operating expenses pile up
Citigroup reported operating expenses that rose 18% year on year to $13.5 billion. Excluding the im…
Isabelle Lee
2 mins read
Sen. Elizabeth Warren grilled Jamie Dimon over Chase charging nearly $1.5 billion in overdraft fees during the pandemic
The four biggest banks collected a combined $4 billion in overdraft fees from customers during the …
Dominick Reuter
2 mins read
Citi plans to launch crypto trading services after a boom in client interest in digital currencies, report says
Itay Tuchman, Citi's global head of foreign exchange, said services including trading, custody, and…
Shalini Nagarajan
3 mins read
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP
Overall there are 44 million workers at risk of losing their jobs because of the pandemic, Citi sai…
Saloni Sardana
2 mins read
Citibank provides a smashing new childcare policy that all mothers will be super happy about
In a news report by The Economic Times, Citi will, starting this financial year, pay its women emp…
1 min read
How scammers used 'social engineering' to steal over $1 million from an Idaho town of less than 4,000 people
Gooding, Idaho lost more than $1 million after scammers used "social engineering" to trick an emplo…
Kenneth Niemeyer
2 mins read
Stock market today: Stocks rally ahead of big April jobs report
The Dow rose more than 300 points on Thursday as investors turned their attention to an important l…
Yuheng Zhan
6 mins read
Inside Rudy Giuliani's bankruptcy spending: $100 on pizza, $4 polyester ties, and 'deep bronze' tanning lotion
The numbers in Rudy Giuliani's bankruptcy filings aren't adding up.
Jacob Shamsian
3 mins read
Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt, study finds
The Sunbelt has seen its share of the US population rise for decades, but more of these new residen…
Eliza Relman,Noah Sheidlower
3 mins read
10 cities where people are moving for a new job
Americans taking new jobs moved to Boston and Portland, OR, at a higher rate than any other city in…
Noah Sheidlower,Juliana Kaplan
2 mins read
Have unclaimed bank deposits? Here’s how to find it using UDGAM portal
The Reserve Bank of India (RBI) has launched a centralised portal, UDGAM (Unclaimed Deposits – Gate…
1 min read
The AI-fueled rally in US stocks is too narrow - and that's setting up the market for a 'digestion phase', Citi strategist says
Some experts have raised concerns about the lack of breadth of this year's stock rally, which has b…
Zahra Tayeb
1 min read
Robert De Niro's teen grandson was found dead at an iconic lower Manhattan building that houses luxe apartments and an exclusive old-money inspired social club
Police said Leandro De Niro was found dead at 55 Wall Street. Known as Cipriani Wall Street, the ic…
Haven Orecchio-Egresitz
2 mins read
'Big Short' investor Michael Burry hints the stock market could bottom within weeks - if this banking fiasco plays out like a previous one
Burry, who called the mid-2000s housing crash that sparked the financial crisis, compared the curre…
Theron Mohamed
2 mins read
OnePlus 11R pre-orders to begin today – free Buds Z2, card discounts, specs and more
The OnePlus 11R is a mid-range device that will be available for pre-orders starting today. The new…
1 min read
Amazon Great Indian Festival: What are diamonds and how to use them
The Great Indian Festival sale is live on the e-commerce platform. During the sale, Amazon introduc…
2 mins read
Oil prices could drop to the $70 range after this winter as current levels are unsustainable, OPEC+ member says
"We don't believe that the current prices are sustainable comfortably," Oman's energy minister said…