Bloomberg Citigroup Inc could fetch as much as $6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as the lender forges ahead with plans to fine-tune its global branch network, people familiar with the plan said. The sale process for Australia is the furthest along and the preliminary ...

Bloomberg ICICI Bank Ltd. posted a more than threefold rise in fourth-quarter profit, helped by strong earnings from its lending business even as it set aside a smaller pot of money to cushion the impact of more bad loans that could result from India’s deteriorating coronavirus situation. Net income at the nation’s second largest private lender stood at 44.03 billion ...

Bloomberg Mitsubishi UFJ Financial Group Inc is considering ways to reduce its real estate footprint in the Americas while preparing for a post-pandemic world in which many workers come to the office just a few days a week. The lender anticipates that roughly 25% of workers in the region will be fully remote after the pandemic and another 25% will ...