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Yuan effect: Rupee may weaken further, says Citi

According to Citigroup the Indian rupee is likely to adopt to a new fair value India seems to be less vulnerable to China's currency depreciation through direct channels, but the rupee may still......

Citigroup pegs India's GDP growth at 7.9%

India's gross domestic product growth is likely to revive to 7.9 per cent in the current financial year and then further up to 8.1 per cent in 2016-17, driven by structural reforms and cyclical......

Citi trims Sensex target; says investor faith turning fickle

Lowering its 2015-end Sensex target to 32,200 points, global brokerage Citigroup on Thursday said investors' faith in Indian markets is turning fickle amid a growing perception that the government......

GVK to file up to $250 million IPO for airport unit soon

GVK has mandated Citigroup, Bank of America-Merrill Lynch, Axis Capital and JM Financial Services to manage the IPO GVK Power & Infrastructure is likely to file a draft prospectus for an up to $250......

India surprised this year, may do so again in 2015: Citigroup

According to Citigroup, there are three internal risk factors to the aforementioned projections -- non-performing assets issues in the banking sector, jobless growth, and minority status in the......
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IMF head calls for quick end to Brexit uncertainty

IMF chief Christine Lagarde The IMF cut this year's global growth forecast by 0.1 percentage points to 3.1 per cent in a report released this week.... ...

http://www.asianage.com/business/imf-head-calls-quick-end-brexit-uncertainty-456
IBM's full-year earnings forecast greeted with scepticism

IBM Corp has given itself a tall order - a full-year profit target many analysts think it will have trouble meeting. Big Blue has made solid... ...

http://www.sify.com/finance/ibms-full-year-earnings-forecast-greeted-with-scepticism-news-corporate-results-qhuavshdejcaj.html
BoFA sets new cost target under pressure from low rates

Bank of America isn't alone in its struggle to boost earnings without a lift from higher rates. Its decline in profits, despite loan growth,... ...

http://www.moneycontrol.com/news/international-results/bofa-sets-new-cost-target-under-pressurelow-rates_7062141.html
Wells Fargo management prodded on expenses after profit decline

By Dan Freed and Nikhil Subba (Reuters) - Top Wells Fargo & Co executives were grilled by analysts on Friday about whether they're doing enough... ...

https://in.news.yahoo.com/wells-fargos-quarterly-profit-falls-3-5-percent-121856242--sector.html
Wall Street's week-long rally fades as bank results disappoint

Results from Citigroup and Wells Fargo failed to match up to the expectation set by JPMorgan's strong numbers on Thursday. Citi's second-quarter... ...

https://in.news.yahoo.com/wall-street-set-open-higher-strong-retail-sales-130125376--finance.html

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