MUMBAI: RBI on Friday said it had imposed a penalty of Rs 36.3 lakh on Citibank for contravention of directions related to ...

While IDBI Bank was penalised due to violation of Foreign Currency Account guidelines, Citibank faced a penalty for ...

The penalty on IDBI Bank was imposed for failing to undertake due diligence while processing inward remittances from a ...

Traders are getting increasingly anxious. Demand is rising for hedges to offset the risk of EM exchange rates weakening ...

BEIJING (Reuters) - China's central bank will cut banks' reserve requirement ratio and interest rates at the "appropriate ...

The Indian rupee has recovered 2% from its February lows after a 4% decline. Experts expect it to remain range-bound, with a peak depreciation level of 89 per dollar. Factors such as lower inflation, ...

Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes ...

The payouts were designed to tie top managers’ compensation to Citigroup’s progress on improving risk and controls. The program was intended to link pay with the execution of remediation plans, ...

NEW YORK] Citigroup cut payouts to hundreds of top executives in the final round of a three-year special bonus program that ...

Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes ...

Citi remains long on the NOK/SEK currency pair, with recent price action supporting this stance. Last week, the NOK/SEK pair reversed the decline from the week prior and closed above the significant 0 ...