Goldman Sachs becomes first big American bank to leave Russia
• 3 years agoAccording to its latest annual report, the firm's exposure to Russia stood at $650 million at the end of 2021, with the vast majority tied to claims by private actors and borrowers.
Banished and dissociated: These businesses and institutions are cutting ties with Donald Trump
• 4 years agoBig businesses donate to both political parties and say their support is tied to narrow issues of specific interest to their industries. Now, a flurry of companies are reviewing their giving practices.
Citigroup names Jane Fraser as next CEO; 53-yr-old will become first woman to lead a Wall Street bank
• 5 years agoFraser is currently head of Citi's global consumer banking division, a major part of the bank that oversees checking and savings accounts
World stock markets slide after virus-driven plunge in US retail sales, factory output; dire economic outlook weighs on Asia
• 5 years agoWorld stock markets fell on Thursday, while bonds and the dollar held on to hefty gains
'No one has a playbook for this': US companies highlight challenges faced by workplaces in countering coronavirus
• 5 years agoMicrosoft, Amazon, Ford Motor, CNN, Citigroup and Twitter have put employees through work-from-home drills, dusted off emergency-response plans and ordered increasingly stringent safety measures to protect their workers
Citigroup, Credit Suisse, Nomura among banks curbing trips to Italy on fears over coronavirus outbreak: Report
• 5 years agoThe curbs come as coronavirus infections have soared across northern Italy over the past few days, causing seven deaths and more than 200 cases.
Aramco kickstarts world's biggest IPO on Sunday in a bid to diversify economy, offers scant details
• 5 years agoThe IPO preparations were revived this summer after Aramco attracted huge interest in its first international bond sale, seen as a pre-IPO relationship-building exercise with investors.
Flipkart launches credit card in partnership with Axis Bank, Mastercard; offers unlimited cashback
Fp Staff • 6 years agoThe Flipkart-Axis Bank credit card will fetch users 5 percent cashback on all transactions on co-branded merchants
Idea Cellular launches a share sale to raise $546 million before merger with Vodafone
• 7 years agoIdea, part of the metals-to-financials Aditya Birla conglomerate, intends to use the funds to reduce debt including loans for airwave purchases.
Citibank, J.P.Morgan and Bank of America bar use of credit cards for buying bitcoins, other cryptocurrencies
Fp Staff • 7 years agoReserve Bank of India (RBI), country’s banking ombudsman, has also flagged off certain risks associated with the use of virtual or crytpocurrencies