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HSBC and EY India launched a compendium highlighting GIFT City's advantages as India's International Financial Services Centre. The resource details the evolving ecosystem, progressive policies, and robust infrastructure attracting global capital and financial services. GIFT City has crossed 1,000 registered entities. Banking assets have exceeded USD 100 billion, with growing demand for trade finance, treasury and structured products.

Citigroup has announced its 2025 managing director promotions. The bank will elevate 276 employees to this top officer title. This marks the smallest group of promotions in five years. The new managing directors hail from 21 countries. Women represent about 28% of this year's class. Citi's markets unit saw the most promotions with 55 employees elevated.