Amazon's SA arrival expected to boost job creation
Amazon.co.za will create an incremental number of e-commerce and logistics jobs when it debuts, say local e-tailers.
Source: itweb.co.za
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HSBC poised to swoop for Citi's China consumer wealth management business
London-based bank is turning its focusing to Asia, its biggest source of revenue
Source: businesslive.co.za
EUR/USD: Further losses seen on a close below 1.0850 – UOB
EUR/USD risks a sustained drop once 1.0850 is cleared, suggest Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at OB Group. Key Quotes 24-
Source: fxstreet.com
Citi completes sale of Vietnam consumer banking business
Citi has announced it has completed the sale of Citi’s Vietnam retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB), which includes the transfer of approximately 575 staff.
Source: vir.com.vn
UOB Group to take over Citi's consumer banking sector in Thailand, 3 other nations
The UOB Group has reached an agreement to buy Citigroup’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam, Citi announced on Friday.
Source: nationthailand.com