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Wednesday, September 3, 2025

Citigroup taps JP Morgan's India chief in hiring spree

Citigroup has appointed Kaustubh Kulkarni, previously JP Morgan's India chief, as co-head of investment banking coverage for key Asian and Australian regions. Kulkarni, a veteran with three decades at JP Morgan, will be based in Singapore. This strategic hire signals Citi's ambition to intensify its competition within Asia's dynamic capital markets landscape.

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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit

The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsu...