China has confirmed that it has detained two Canadian men in what appears to be retaliation for the arrest of Huawei’s chief financial officer.

The US Senate has passed a resolution stating Crown Prince Mohammed bin Salman is responsible for the killing of journalist Jamal Khashoggi.

Theresa May’s hopes of getting EU leaders to help her push her Brexit deal through parliament have been dealt a severe blow as she prepares to return home and face her party.

The UK’s big four auditors will next week face an unprecedented move to limit their market share and allow smaller rivals to gatecrash their self-confessed oligopoly as regulators shake up a sector rattled by a string of corporate collapses.

Mike Ashley has been rebuffed by Debenhams after he offered a £40m loan to bail out the struggling department store amid speculation it had “zero chance of survival”.


Brexit uncertainty has pushed a key measure of the housing market to a six-year low, according to surveyors.

Shares in Superdry have plunged by more than a third after it issued its second profit warning in less than two months – blaming mild weather for a potential £22m hit to its bottom line.


Citi appoints new head of South Asia operations and technology

Citi appoints new head of South Asia operations and technology

The banking company announced the appointment of Shrinath Bolloju as Head – South Asia operations and technology (O&T), effective November 19

Mr. Bolloju will oversee O&T across India, Bangladesh, and Sri Lanka. He will be responsible for driving sustainable growth and promoting a client-centric culture by continuing to improve operational efficiency, reduce operational risk, and enhance client experience in O&T

He will report to Citi India CEO Pramit Jhaveri and Asia Pacific Head of O&T Vikram Subrahmanyam. He will also be part of the Asia Pacific O&T Operating Committee and a member of Citi South Asia senior management team.

He joins Citi from RBL Bank, where he was the Chief Operations Officer(COO) and member of the management committee. He was responsible for the bank’s technology, operations and corporate services.

Prior to that, Bolloju worked at Deutsche Bank from 2996-2017–where his last role was Managing Director and Head of Securities Services Transformation in the transaction banking business. He was based in Singapore and was responsible for the platform transformation strategy for securities services products.

With 30 years of experience across O&T domains, Bolloju has a record of driving efforts on transformation across RBL, Deutsche Bank, and System Access. He has worked in the UK and Singapore, as well as in India, where he began his career with Citi in 1988.

He holds a Bachelor’s degree in Chemical Engineering from the National Institute of Technology, Warangal, India and a Master’s in Management (Marketing) from the S.P. Jain Institute of Management & Research, University of Mumbai, India. 

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