Citigroup
General
Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO
Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at ......
Finance
Blackstone weighs VFS stake sale; foreign bank seen scouting for buyers
Blackstone, the world’s biggest private equity firm, is looking to monetise its three-year-old bet on global visa processing company VFS ......
People
Citigroup to beef up India I-banking headcount amid surge in deals
Citigroup plans to bolster the headcount in its India investment banking unit, betting on a surge in equity capital market ......
Manufacturing
Hyundai India IPO bankers set for big payday with $40-mn fee
Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in ......
General
Grapevine: Investors put Yes Bank on the block; Dr Agarwals Healthcare eyes IPO
Major shareholders of private lender Yes Bank Ltd are aiming to sell up to a 51% stake, and have engaged ......
Finance
Wealthy families pile into bonds, private equity while shedding stocks
Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their ......
TMT
Bain-backed Brillio gets funding from Citigroup ex-CEO Vikram Pandit's firm
Digital consulting company Brillio, which is backed by private equity firm Bain Capital, has secured capital from New York-based The ......
Finance
Citigroup's Asia family office clients poised to grow 25% in 2023
Citigroup's Asia family office business expects a 25% increase in clients this year, the U.S. bank's regional head of its ......
Finance
Global M&As plunge in April-June but dealmakers see green shoots
Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and lawyers expressed optimism ......
Finance
Goldman Sachs cutting more than 30 Asia investment banking jobs
Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, ......