Ashu Khullar, Citi’s India chief, is appointed as the global co-head of GAM, based in London, and will oversee EMEA and Asia. K Balasubramanian will succeed him as India’s CEO, pending RBI approval. During Khullar’s tenure, Citi’s revenue grew significantly, reflecting his effective leadership.
Global Market | Japan’s Nikkei 225 share index falls more than 6% as oil soars over $100 a barrel
Asian stock markets experienced a sharp decline early Monday. Japan’s Nikkei 225 index dropped over 6%. South Korea’s Kospi also sank significantly. Shares in Australia