Citi sells China wealth business as part of international consumer retreat
October 9, 2023Citigroup (C) is winding down another piece of its consumer banking empire outside the US in the latest step by CEO Jane Fraser to simplify America’s third-largest bank.
The New York lender on late Sunday announced an agreement to sell its consumer wealth portfolio in China to HSBC.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.
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