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The Straits Times Citi retail units seen fetching US$6 billion as sales kick off Citigroup will exit 13 international consumer banking markets which contributed US$4.2 billion in revenue in 2020.PHOTO: REUTERS Published2 hours ago https://str.sg/JFpG They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the...

Citi Retail Units Seen Fetching $6 Billion as Sales Kick Off Apr 23 2021, 11:35 AM April 22 2021, 10:17 PM April 23 2021, 11:35 AM (Bloomberg) -- Citigroup Inc. could fetch as much as $6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as the lender forges ahead with plans to fine-tune its global branch network, people familiar with the plan said. (Bloomberg) -- Citigroup Inc. could fetch as much as $6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as...

SHARE Citigroup could fetch as much as $6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific, Europe and the Middle East as the lender forges ahead with plans to fine-tune its global branch network. The moves are part of a bigger refresh of Citigroup’s strategy under chief executive Jane Fraser, who took the helm in March. The sale process for Australia is the furthest along and the preliminary interest for many of the assets has come mainly from local players, sources told Bloomberg. Exits from other markets, such as South-East Asia and Poland, are at an e...

A baseball card SPAC shows why distressed investing is so hard Archegos thwarts Nomura's push to join Wall Street elite Citi retail units seen fetching US$6B as sales kick off Housing shock could upend Canadian asset values: Wolf David Burrows' Top Picks: April 22, 2021 Stocks drop on Biden plan to lift capital-gain tax World's biggest stock owner says banks displaced tech as winners SEC to examine fund disclosure rules after Archegos blowup Michael Sprung's Top Picks: April 21, 2021 Stocks rebound as dip buyers fuel reopening trade Treasury-buying apree of US$17 billion has UAE eclipsing Chi...

The Straits Times Figure includes 1,100 relationship managers, private bankers in newly merged unit Citi expects to add in excess of US$150 billion (S$200 billion) of assets under management across its Asia-Pacific franchise, including US$120 billion in the high-net-worth segment, and further extend its leadership position in the region, it said in a statement yesterday.ST FILE PHOTO https://str.sg/JyC8 They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully avai...