KKR Hires Singh to Grow KKR India PE
Kohlberg Kravis Roberts has hired Tashwinder Singh, a Citigroup official, as its director to grow KKR’s private equity and non-banking finance operations in India, writes Reuters. Singh has been with Citigroup for 18 years. Reuters – Kohlbe...
Citi Blog: We Did Not ‘Fail’ Anything
Citigroup is taking to the blogosphere to defend itself amid the Federal Reserve's stress test results last night, which rejected the bank's dividend increase and buyback request.
Citi fails Fed stress test
(BN) Citigroup, SunTrust Banks Capital Plans Fail Fed Stress TestsAlso Ally Financial and MetLife [update: and SunTrust]. Full – Jamie Dimon-bumrushed – Fed release here....
Goldman Courts India With Board Meeting
Goldman Sachs Group Inc.’s decision to hold its board meeting in India might be seen as a vote of confidence in the market, but the country has been anything but easy for investment banks to operate in.
Citi’s Big, New Hire — Watson the Supercomputer
Bank employees beware, there’s a supercomputer looking to take your work.
Former Citi Consumer Banking Head, Terri Dial, Dies
Terri Dial, the former head of Citigroup’s consumer banking operations, died Tuesday after a battle with pancreatic cancer.
Coley Named Head of Corporate Credit at Gleacher & Co.
Geoffrey Coley was named head of Gleacher & Company Securities’ corporate credit group.Coley is the former co-head of global fixed income at Citigroup. Gleacher & Company Securities is the broker–dealer subsidiary of Gleacher & Co. PRESS RELEASE Gleacher & Company Securities, Inc., a broker–dealer subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), today announced that...
Citi Names Asian Real Estate Head
Citigroup‘s private bank has appointed Yvonne Siew as head of Asia real estate, replacing Quek Kwang Meng, reports Reuters. Siew has been with Citi Private Bank since 2005 and will continue to be based in Singapore reporting to Daniel O’Donnell, global head of private equity and real estate. Reuters – Citigroup’s private bank on Tuesday...
Citi: International Cyber Attacks May Increase
Citigroup has an extensive discussion in its 10-K annual filing with the SEC today on cyber security and gets a bit more specific about what it's up against.
Citi Raises $1.9B From Sale of Indian Mortgage Lender
Citigroup raised $1.9 billion from the sale of India’s giant mortgage lender, slightly less than its best hopes, but a significant piece of new capital.
Abraaj Capital Appoints Citi for Fund Admin
Abraaj Capital has appointed Citigroup to provide fund administration services for Riyada Enterprise Development, the US$650 million small and medium sized enterprise fund of the Abraaj Capital group. Riyada Enterprise Development was established in 2009 to capitalize on investment opportunities in small and medium sized businesses in the Middle East and North Africa. PRESS RELEASE...
