SBI Funds Management Ltd. has hired nine banks to advise on a proposed initial public offering that may raise around $1.4 ...

Citi says management commentary on the durability of consumption recovery and signs of stable asset quality will be key ...

The planned offering follows a blockbuster debut last month by ICICI Prudential Asset Management Co, India’s second-largest ...

Citi and JPMorgan withdraw from SBI Funds' $1.4 billion IPO due to unacceptably low fees offered by shareholders.

Low fees reflect a pattern seen in past government-linked deals. When State Bank raised 250 billion rupees ($2.8 billion) ...

Citigroup, which was initially named as one of the advisers for the transaction, exited the mandate after fee negotiations ...

Some of Wall Street’s biggest banks have opted out of advising on a planned US$1.4 billion initial public offering of India’s ...

Global investment banks Citigroup and JPMorgan Chase & Co have decided not to advise on the planned $1.4 billion IPO of SBI Funds Management, which is a joint venture between State Bank of India (SBI) ...

CitiBike is jacking up prices for the straight fifth year and partly blaming tariffs — demanding 41% higher membership rates ...

Citigroup Inc. recently advanced its Asia-Pacific investment banking franchise by hiring former Credit Suisse managing ...

Citi Trends, Inc. (NASDAQ: CTRN), a leading off-price value retailer of apparel, accessories and home trends primarily for African American families in the United States, today announced that the ...