Tag: Citigroup

Citigroup reports significant loss in Q4 2023 amid global challenges

businessnewstoday- January 12, 2024

Citigroup Inc. has announced its financial results for the fourth quarter of 2023, revealing a significant net loss of $(1.8) billion, or $(1.16) per diluted ... Read More

Data center solutions firm Chindata Group to merge with BCPE Chivalry in $3.2bn deal

businessnewstoday- August 13, 2023

Chindata Group Holdings Limited (Nasdaq: CD), a forerunner in providing carrier-neutral hyperscale data center solutions in Asia-Pacific emerging markets, has disclosed its merger agreement with ... Read More

Appian Capital to sell Brazilian battery metal companies to ACG for $1bn

businessnewstoday- June 13, 2023

Appian Capital Advisory, an investment advisor to long-term value-driven private capital funds that invest in mining companies, has announced it is selling its Brazilian battery ... Read More

Citi to sell Russian personal installment loans business to Uralsib

businessnewstoday- October 30, 2022

Citigroup (Citi) said that its Russian subsidiary — AO Citibank has signed a deal to divest a portfolio of ruble-denominated personal installment loans to Russian ... Read More

Citigroup Q2 2022 net income down by 27% to $4.5bn

businessnewstoday- July 18, 2022

Citigroup Q2 2022 results : Citigroup has reported a net income of $4.5 billion for the second quarter of 2022 (Q2 2022), a decrease of ... Read More

National Australia Bank to acquire Citigroup’s Oz consumer business

businessnewstoday- August 10, 2021

National Australia Bank Limited (NAB) has agreed to acquire the Australian consumer business of Citigroup for AUD 1.2 billion ($880 million). Citi's Australian consumer bank ... Read More

Citi merges wealth management units to create Citi Global Wealth

Soujanya- January 20, 2021

Citi, a US-based financial services company, has merged the wealth management teams of its global consumer banking (GCB) and the institutional clients group (ICG) divisions ... Read More