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Citi to sell 4 Southeast Asia retail units to Singapore’s UOB for $3.65 bln

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SINGAPORE — Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for S$4.915 billion ($3.65 billion), bringing the U.S. bank closer to its goal of exiting retail operations in 13 markets. Read More

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Continue Reading News Story. Published by Central Press Syndicate – Toronto, Canada. For feedback write to Amnon Jakony, Founding Editor/Publisher – amnon [at] thedailyreformer.com. Thanks for reading.

Continue Reading News Story. Published by Canada Central Press Syndicate. For feedback write to Amnon Jakony, Founding Editor/Publisher - amnon [at] thedailyreformer.com. Thanks for reading.

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