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Grapevine: RIL may buy Future retail biz for $3.6 bn; LIC shortlists bankers for pre-IPO

General

28 July, 2020

Grapevine: RIL may buy Future retail biz for $3.6 bn; LIC shortlists bankers for pre-IPO

Reliance Industries Ltd (RIL) may acquire Future Group’s retail business for up to Rs 27,000 crore ($3.6 billion), two people ......

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Finance

30 June, 2020

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data ......

Frustration, fear and family: lockdowns test investment bankers

Finance

25 June, 2020

Frustration, fear and family: lockdowns test investment bankers

Lockdowns are sharpening the knives in the cut-throat world of M&A banking. Stuck at home, armed only with a phone and ......

Global M&A dwindles as coronavirus batters world's economies

Finance

31 March, 2020

Global M&A dwindles as coronavirus batters world's economies

Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating ......

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Finance

03 March, 2020

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Outsized returns in India, besting local lenders for the first time in a decade, are emboldening banks such as Citigroup, ......

UBS to revamp investment bank in bid to lift flagging earnings

Finance

06 September, 2019

UBS to revamp investment bank in bid to lift flagging earnings

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market ......

Citigroup looks to expand India retail banking business with Paytm tie-up

Finance

14 May, 2019

Citigroup looks to expand India retail banking business with Paytm tie-up

India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product base while ......

AB InBev hires two more investment banks for $5 bn Asian IPO

Consumer

15 April, 2019

AB InBev hires two more investment banks for $5 bn Asian IPO

The world's biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team of banks ......

Global M&As to slow down on economic uncertainty, says top Citigroup dealmaker

General

15 March, 2019

Global M&As to slow down on economic uncertainty, says top Citigroup dealmaker

Global economic uncertainty will lead to a slowdown in corporate mergers and acquisitions (M&A) in 2019, a top Citigroup Inc ......

Premium
TRG set to clock handsome returns from partial exit in Sansera Engineering's IPO

Markets

13 August, 2018

TRG set to clock handsome returns from partial exit in Sansera Engineering's IPO

Citi Venture Capital International (CVCI), a private equity fund managed by investment firm The Rohatyn Group (TRG), is set to secure ......