Citi’s Well-Off Retail Clients May Not Travel Meekly to Axis Bank
The acquisition will depend on the bulk of Citibank’s premier customers being retained by Axis Bank. Recent developments regarding the toxic work...
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Banking & Financials Sector: Credit Growth Picking Up; Lower Provisions to Drive Earnings
Credit growth picking up; lower provisions to drive earnings We expect strong earnings performance from banks in 4QFY22, driven by: (1) improving...
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HDFC+HDFC Bank Merger - A Long Time Coming
Today morning, HDFC Limited (HDFC IN) announced that it would merger with HDFC Bank (HDFCB IN). The merger has been speculated about for at least a...
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Axis Bank (Update): Citibank consumer business calls for upping the game. Maintain BUY
Axis Bank announced the acquisition of Citibank’s cards, consumer lending, and wealth businesses in a transaction that is likely to be closed over...
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ECM Weekly (3rd Apr 2022)- JD, Tencent, Prosus, One Store, SK Shieldus, FWD, Ferretti, Recbio, Belle
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
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