Former Citigroup Banker Draws $2 Billion for New India Firm

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Why This Matters

A former Citigroup banker has launched a new investment firm in India, attracting $2 billion in assets, and predicts the Indian wealth market could reach $10 trillion in a decade.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A former private banker at Citigroup Inc. has attracted almost $2 billion in assets for his new investment firm in India by tapping a growing wealth market that he thinks could be worth at least $10 trillion in a decade.

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Original article published by Bloomberg on January 23, 2026.
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