ylliX - Online Advertising Network
Company Ticker News

Citigroup To Offload Southeast Asian Assets To UOB Group, Q4 Profit Fall 26%

Citigroup To Offload Southeast Asian Assets To UOB Group, Q4 Profit Fall 26%

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Citigroup IncĀ (NYSE: C) will sell its consumer banking businesses in Indonesia, Malaysia, Thailand, and Vietnam to Singapore’s United Overseas Bank. As part of the deal, UOB will acquire Citi’s unsecured and secured lending portfolios, wealth management, and retail deposit units that make up itsĀ consumer banking business in the four markets.

...read full article on Benzinga

ylliX - Online Advertising Network