Citi to Exit Retail Banking in 13 Markets Across Asia, Europe


From Bloomberg Markets and Finance.

Apr.15 — Citigroup Inc. has announced their plans to exit retail banking in 13 markets across Asia, Europe, the Middle East and Africa. The bank will instead operate its consumer-banking franchise from four wealth centers in Singapore, Hong Kong, the United Arab Emirates and London. Bloomberg’s Nabila Ahmed reports on “Bloomberg Daybreak: Asia.”

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