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Citi has completed the sale of its Vietnam retail banking and consumer credit card businesses to United Overseas Bank (UOB), including the transfer of 575 related staff.
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.
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Citi announced today it has completed the sale of Citi’s Malaysia and Thailand retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB) subsidiaries, which includes the transfer of over 3,000 related staff. The transaction is expected to result in a capital benefit to Citi of over US$1billion. Citi and UOB first […]