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Citi fined $2 million over Facebook IPO, fires two analysts

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Citigroup fired its top Internet analyst, Mark Mahaney, and paid a $2 million fine to a Massachusetts regulator to settle charges that the bank improperly disclosed research on Facebook IPO and inform

Citi cuts RIL to ‘neutral’ on earnings outlook

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Citigroup downgrades Reliance Industries to 'neutral' from 'buy', but raises its target price to Rs 847 from Rs 818.

Citigroup to pay $590 million to settle investor suit

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Citigroup said on Friday it had agreed to pay $590 million to settle a suit by investors who accused the bank of misleading them on its mortgage-based security losses in 2007-08.

The agreement settle

Citi to yank $410 million from Paulson's funds: Sources

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The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will withdraw $410 million from his Paulson & Co hedge fund, according to people familiar with the decisio

Citigroup slams Nasdaq's Facebook compensation plan

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Citigroup slammed Nasdaq OMX Group Inc's plan to compensate firms harmed by Facebook's botched market debut to the tune of $62 million, saying in a regulatory filing the exchange should be liable for

Citi, Morgan Stanley far apart on joint venture value

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Morgan Stanley estimates the retail brokerage business it jointly owns with Citigroup Inc is worth less than half as much as Citigroup believes, Citi said in a regulatory filing on Thursday.

The disa

SBI picks banks for dollar bond sale: Sources

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State Bank of India plans to raise at least $500 million through a five-year overseas bond sale as soon as July, two sources with direct knowledge said, potentially reopening the dollar bond market fo

In a first, Citi fills global retail role with Asia exec

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Citigroup Inc has named Jonathan Larsen as global head of its retail bank, filling the position for the first time with an Asia-based banker, in a move underscoring the company's growth in the region.

Companies assess bank relations after Moody's move

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In the weeks leading up to Moody's downgrade of major global banks, corporate treasurers quietly accelerated their own reviews of where to put their bank deposits, who they trade swaps with and who th

Finally a silverlining: CAD to fall to 3.5% in FY13: Citi

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Amidst the flurry of gloomy macroeconomic predictions after the dismal nine-year low growth numbers last fiscal, there is some silver-lining as lower current account deficit (CAD), which according

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.