Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines
Press release content from Business Wire. The AP news staff was not involved in its creation.
Source: apnews.com
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Citigroup to sell Philippines consumer assets to Union Bank
The buyer, Union Bank of the Philippines, will pay about $904 million for Citi's local credit card, unsecured lending, deposit, brokerage and investment businesses.
Source: americanbanker.com
UnionBank buys Citi’s consumer banking business in Philippines for P55 billion
Union Bank of the Philippines is shelling out around P55 billion for the acquisition of the consumer banking business of global banking giant Citi in the Philippines.
Source: philstar.com
Third Youth Co:Lab Summit highlights resilience amid COVID-19 pandemic
The third Youth Co:Lab Regional Summit was the culmination of the social entrepreneurship movement co-led by the UNDP and the Citi Foundation.
Source: vir.com.vn
Global finance majors rush with Covid aid; Citibank to donate Rs 200 crore
With India continuing to reel under the second wave of COVID-19 infections, multinational financiers pitched in with relief efforts on Wednesday, led by a Rs 200 crore commitment by Citibank. The relief efforts of the financial sector multinationals -- a majority of whom depend on Indian personnel to handle back-office work for their global operations -- were focused on providing immediate medical relief to ease the pressure on oxygen availability and healthcare infrastructure. Other financiers which offered support included Citi's peer from the US Wells Fargo (USD 3 million), Swiss bank U...
Source: business-standard.com