Citigroup Inc.’s India unit has hired Ankur Khurana as head of commercial banking as the Wall Street Bank seeks to beef up its business with the country’s rapidly expanding mid-sized companies, according to people familiar with the matter. Khurana had been pursuing opportunities with a few other institutions after working at Standard Chartered Plc, where she was co-head of coverage for India and South Asia, said the people, who asked not to be identified because the information is not yet public. She has ov ...

Khurana joins Citigroup after a stint at Standard Chartered Plc, where she served as co-head of coverage for India and South Asia. She had been in discussions with several financial institutions following her exit from the UK-based bank, as per Bloomberg reported.Khurana brings more than 20 years of experience across corporate and commercial banking.The role became vacant after Bhanu Vohra, a long-serving banker at Citi, left the firm in July to join the Indian arm of global consulting firm BDO. as a Relia ...

Key Takeaways Citigroup is positioned for more upside in 2026 as its multi-year transformation reaches an inflection point.C's 2026 outlook shows faster EPS growth and NII gains, backed by cost cuts and exits.Wells Fargo benefits from the lifted asset cap, but its 2026 growth outlook appears less compelling.A few major players dominate the U.S. banking sector, among which Citigroup Inc. (C) and Wells Fargo & Company (WFC) are prominent. Both have remained the key competitors in the banking sector, and faced ...

Core Insights - Citigroup, led by CEO Jane Fraser, is proactively implementing mandatory AI training for its 175,000 employees across 80 global locations to help them adapt to the changing workplace dynamics brought about by AI technology [2][3][4]. Group 1: AI Training Implementation - Citigroup has confirmed that it sent a memo to its 175,000 employees, mandating AI training with a focus on prompt engineering to alleviate fears and misconceptions about AI tools [3]. - The training aims to enhance employees' skills in using AI tools effectively, which is expected to benefit their work and lives significantly [3][4]. - Fraser emphasizes that the training is not just an investment in employees' livelihoods but also a strategic move for the company, as about 50% of new positions are filled by internal employees [4]. Group 2: Training Outcomes and Effectiveness - The AI training program has shown significant results, with employees inputting over 6.5 million prompts into the company's AI tools last year [4]. - The internal memo indicated that the use of AI has drastically reduced the time required for tasks, with some jobs that previously took hours now completed in minutes [4]. - By Q4 2025, the usage rate of Citigroup's proprietary AI tools is projected to reach 70%, with over 21 million interactions from employees across 84 countries [4]. Group 3: Employee Perspective and Support - The training initiative is designed to reassure employees that AI is a collaborative partner rather than a threat to their careers [5]. - Experts suggest that such training is crucial in reinforcing the understanding that AI acts as a co-pilot in the workplace, rather than a replacement for human roles [5].

Big bank earnings are stepping back into the spotlight just as markets brace for fresh Fed signals, new inflation data, and another reality check on the health of U.S. finance. This earnings season features updates from heavyweights like JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), and Citigroup (C), giving a front‑row view into how major lenders are navigating tighter policy and shifting credit conditions. One name stands out in that lineup. Citigroup has seen its stock surge nearly 4 ...

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As the US dollar continues to fall a new four year low, investors are grappling with US policy risks and there is speculation that Japan will intervene to support the yen. Citi Research Global Chief Economist Nathan Sheets speaks on the issue with Scarlet Fu on 'Bloomberg Markets.' Interview occurred on January 27, 2026. ...

Press release Regulated information Brussels, January 28, 2026, 17:45 CET In line with Belgian transparency legislation (Law of May 2, 2007), Citigroup Inc. recently sent to Solvay the following transparency notifications indicating that they crossed the threshold of 3%. Here is a summary of the notifications: Date on which the threshold is crossed Voting rights after the transaction Equivalent financial instruments after the transaction Total January 19, 2026 0.56% 2.51 3.06% January 22, 2026 0.00% 0.00% ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Citigroup is pushing back against a lawsuit from a former wealth management executive who claimed that Citi’s Head of Wealth Andy Sieg had sexually harassed her. In a separate filing from Julia Carreon’s complaint against the bank in Texas federal court, Citigroup asked the court to compel arbitration to settle Carreon’s claims, arguing there was “absolutely no factual or legal basis for any such ...

The dollar’s slide to a four-year low lent fresh momentum to the precious metals complex on Wednesday, pushing prices further , even as geopolitical tensions continued to support it. Reactions to the latest rally were mixed with some analysts forecasting further surge in the precious metals, but some cautioned saying they are in the over-bought category. At 1915 hours IST, gold zoomed to $5,295 an ounce. Gold April futures soared to $5,344 an ounce before easing. In India, the yellow precious ended at a fre ...