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Will Axis Bank’s $1.6 billion bet on Citi change its fortunes?

Finshots Daily

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Access Bank

access bank isn't just acquiring city's credit card and wealth business, but it's also opening its doors for cities three thousand, 600 employees. There are reports talking about the company's high attricion rates and a supposed toxic environment that involves public humiliation of employees. The only saving grace, perhaps, is a clause that axes could use to limit their downsid reports suggest that if cities customers thumb their noses at access bank and take their accounts elsewhere, within six months of the murger, that one point six billion dollars could quickly drop in value.

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