Citigroup to Sell Taiwan Consumer-Banking Business to DBS

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Citigroup agreed to sell its consumer-banking business in Taiwan to DBS, as it shrinks its international retail footprint to focus on serving businesses and affluent clients

Citigroup Inc. agreed to sell its consumer-banking business in Taiwan to Singapore-based DBS Group Holdings Ltd. , the latest in a series of divestitures as it shrinks its international retail footprint to focus more on serving businesses and affluent clients.

The deal, which includes a premium for Citigroup of more than $700 million, means it has now found buyers for seven of the 10 consumer markets in the Asia-Pacific region that it had wanted to exit.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And doesn’t want to piss of the CCP

Another shrinking American business

A little love for short stories and the will to help people is all I need, can you buy my book, Check my pinned tweet for further details. Thank you, RT if you can, I need this out there. This is all I have.

citifunded911

Who wants to study English? I’m here to help.

🇪🇺11:04-The economic sentiment among consumers and businesses in the Eurozone decreased further in January in comparison to the previous month.The Economic Sentiment Indicator declined by 1,4 points to 111,6 in the EU and by 1,1 to 112,7 in the Eurozone, but still,as the document

Ireland Ireland Latest News, Ireland Ireland Headlines