WebDec 15, 2024 · SINGAPORE, Dec 15 (Reuters) - Citigroup Inc (C.N) will wind down its consumer banking business in China in a move that will affect about 1,200 local … WebApr 15, 2024 · -0.32 -0.69% Citigroup Inc. plans to exit retail banking in 13 markets across Asia and the Europe, Middle East and Africa region. The bank will instead operate its …
Citi to sell consumer banking operations to UOB in Malaysia
WebApr 16, 2024 · By India Today Web Desk: Citigroup on Thursday announced that it is shutting consumer banking operations in India and 12 other countries. US-based Citigroup said the decision is aimed at exiting retail banking markets where it has not been able to scale up, adding that it now wants to “double down” on wealth management. WebOct 25, 2024 · New York – Citi today announced that it will wind down its consumer banking business in Korea as part of the strategic actions the bank is taking to refocus its Global Consumer Bank presence in Asia and EMEA on four wealth centers—Singapore, Hong Kong, the UAE and London—and pursue exits from its consumer franchises in 13 … cd storage boxes with tabs
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WebApr 4, 2024 · Bahrain – Citi today announced that Ahli United Bank B.S.C. (AUB) has agreed to acquire Citi's consumer banking business in Bahrain. The transaction, which is subject to regulatory approvals, includes the retail banking, credit card and unsecured lending businesses but excludes Citi's institutional businesses. WebCards, Citi Mortgage, Commercial Banking and Retail Services. In 2024, Citi announced that it intends to exit the consumer, small business and middle-market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally licensed banking business in Mexico through its global Institutional Clients Group. WebRecently, Citi announced its decision to focus its Global Consumer Bank presence in Asia, Europe and the Middle East to key global wealth centers and exit other markets. In line with this, Citi will pursue an exit from its consumer franchise in India. We understand you may have questions around our operations in India post this decision. cd storage box wood