Brokerage firm CLSA downgraded Delhivery to underperform, Jefferies has a hold rating on Zydus Life and an underperform rating on Anupam Rasayan. Citigroup recommended a buy on Phonix Mills. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Delhivery: Underperform| Target Rs 488 CLSA downgraded Delhivery … Read more
Viswas Raghavan is a great hire for Citigroup Inc. but, boy, does he have his work cut out to help his new employer along its road to renewal. Raghavan is a 20-plus-year veteran of JPMorgan Chase & Co. who held a string of senior leadership roles over the past decade, finishing up as head of … Read more
Brokerage firm Citigroup maintained a buy on IGL, CLSA maintained a buy rating on Titan Company, Axis Capital initiated coverage on Rallis India to reduce and Jefferies maintained a buy rating on IndusInd Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on IGL: Buy| Target … Read more
Global brokerage firm Citigroup maintained a sell rating on and Macquarie retained an outperform rating on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on Vedanta: Sell | Target Rs 235 Citigroup maintained its sell rating on Vedanta with a target of Rs 235. Vedanta’s … Read more
Credit Suisse and Citigroup became the latest brokerages to bring down their 2022 year-end targets for the S&P 500 index, as U.S. equity markets bear the heat of aggressive central bank actions to tamp down inflation. Credit Suisse cut its target for the benchmark index by about 10% to 3,850 points on Monday, citing the … Read more
March 18, 2022 Citigroup Inc. is starting to cover travel costs for U.S.-based employees seeking an abortion as more states pass new abortion restrictions, according to Bloomberg News. The policy covers certain expenses, such as airfare and lodging, for staff who must travel out of state to receive an abortion. “In response to changes in … Read more
As they switch off the lights in Moscow, the world’s top banks face a risk-ridden retreat, juggling obligations to anxious clients and staff while complying with sanctions that have rewritten the rules of doing business in Russia. There is a growing realisation that these sanctions are likely to remain long-term, industry sources told Reuters, which … Read more
Citigroup Inc on Friday told its staff that it would terminate employees who are unvaccinated as of Jan. 14, enforcing a policy previously announced last year, according to a source familiar with the matter. Citigroup said in October it would require U.S. employees to be vaccinated against COVID-19 as a condition of their employment. The … Read more
JP Morgan Chase has become the world’s most systemically important bank once again according to the latest annual ranking of top lenders by global regulators, with BNP Paribas and Goldman Sachs also now deemed more systemic. The Financial Stability Board (FSB), made up of regulators from G20 countries, published its latest table of the world’s … Read more
U.S. bank stocks are morphing from leaders into losers amid more signs that their searing 35% rally through this year’s first five months may have outrun the fundamentals. With two weeks left in the quarter, some investors aren’t waiting around to find out. The S&P 500 Banks Index, which rose three times more than the … Read more