US President Donald Trump praised Turkey’s President Recep Tayyip Erdogan, giving his endorsement to a government that’s ...

Mr. Olayemi Cardoso, has reported signs of progress in stabilising the foreign exchange market and curbing inflation, as recent policy reforms begin to take effect. Cardoso made this announcement ...

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 ...

AlphaQuest LLC lowered its stake in shares of CME Group Inc. (NASDAQ:CME – Free Report) by 98.9% in the 4th quarter, ...

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, ...

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