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HSBC To Acquire Citigroup's US$3.6 Billion China Wealth Business
Citi announced on Monday that it has agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management (AUM), and deposits to HSBC Bank China. According to a press release by the group, the transaction covers total ...
India may see better growth: Citigroup
New Delhi: India might see better growth prospects mainly on account of expectations of significant progress on project approvals as well as the central bank maintaining a delicate balance between inflation and growth, says a Citigroup report. The report has ...
Citigroup sued by Lehman Brothers for $2.5 billion
Lehman Brothers Holdings Inc has sued Citigroup Inc to recoup $2.5 biliion which was transferred earlier, the company said that Citigroup is wrongfully keeping the money. Lehman Brothers filed a complaint on Wednesday in the U.S. Bankruptcy Court in Manhattan, ...
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