Business

Citi to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group

  By CNBC CITIGROUP will sell its consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank, the banks announced today (Jan. 14). As part of the deal, UOB said it will acquire Citi’s unsecured and secured lending portfolios, wealth management and retail deposit units that make up its consumer banking

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