Dow Jones Newswires: Citigroup says it’s advancing plans to exit China consumer banking

by | Dec 15, 2022 | Stock Market

By Ben Otto Citigroup Inc. is advancing plans to exit its consumer banking business in China, a move that will affect about 1,200 employees in the country. The New York bank said Thursday that it will begin actions to wind down the consumer banking operations, including pursuing sales of portfolios within the business. Citi…

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