Banking
Citi sells China wealth business to HSBC | Bank Automation News
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Citigroup will sell its consumer wealth portfolios in China to HSBC for $3.6 billion, the bank said Monday. The sale, which includes Citi’s clients, assets under management and deposits is part of the bank’s plan to wind down its consumer banking business in China as part of its broader restructuring, Citi said in an Oct. […]
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Vaidik Trivedi
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