Citigroup to Sell China Consumer Wealth Business to HSBC
Oct 9 Reuters Citigroup Inc said on Monday it had agreed to sell its China consumer wealth portfolio, including clients, assets under management AUM and deposits, to Asiafocused HSBC Holdings Plc. The deal covers total deposits and investment AUMs of about 3.6 billion, and is expected to close in the first half of 2024. Financial details […]