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Citibank began operations in 1902 in Calcutta ().[1] [2]In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India. [3]In 1992, Citibank India was alleged to have played the leading role in allowing or facilitating the market manipulation that drove up prices of shares on the Bombay Stock Exchange during the 1992 Indian stock market scam.
Citicorp (1812–1985) Citibank, (formerly City Bank of New York) was chartered by the State of New York on June 16, 1812, with $2 million (~$43.4 million in 2023) of capital. [ 10][ 11] Serving a group of New York merchants, the bank opened for business on September 14 of that year, [citation needed] and Samuel Osgood was elected as the first ...
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citi bank) is the primary U.S. banking subsidiary of financial services multinational Citigroup. [ 2] Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. [ 3]
Vikram Pandit. Vikram Pandit at the World Economic Forum in 2011. Vikram Shankar Pandit (born 14 January 1957) is an Indian-American banker [ 5] and investor who was the chief executive officer of Citigroup from December 2007 [ 6] to 16 October 2012 [ 7][ 8] and is the current chairman and chief executive officer of The Orogen Group.
National City Bank after 1865 - telegraph lines referred to it as "Citibank" Percy Pyne: 1882: 1891: James Stillman: 1891: 1909: Frank A. Vanderlip: 1909 1919 James A. Stillman: 1919 1921 Charles E. Mitchell: 1921 1929 Gordon S. Rentschler: 1929 1940 William Gage Brady Jr. 1940 1948 Howard C. Sheperd: 1948 1952 James Stillman Rockefeller: 1952 ...
Pramit Jhaveri is an Indian banker and ex-CEO of Citi. He served as Citi’s India CEO from 2010 to 2019 and is the longest-serving India chief of the bank. [1] Prior to his role as CEO, Pramit set up Citi’s investment banking business in India. In 2019, he was elevated to the position of Vice Chairman - Banking, Capital Markets and Advisory ...
e. The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. That scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD. Techniques used by Mehta involved having corrupt officials ...
Piyush Gupta BBM ( Hindi: पीयूष गुप्ता; born 24 January 1960) is an Indian-born Singaporean banker [ 1] and the chief executive officer (CEO) of DBS Group, the largest bank in Southeast Asia by total assets. [ 2][ 3] He is vice-chairman of the Institute of International Finance, and a board member of Enterprise Singapore. [ 4]