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People withdraw money from the United Overseas Bank (UOB) automated teller machine (ATM) in Singapore on August 5, 2009. Singapore’s United Overseas Bank (UOB) announced on August 5 that their second quarter net profit plunged 21.7 percent year on year but said it was upbeat about the future as the global economy picks up. AFP PHOTO/ROSLAN RAHMAN (Photo by ROSLAN RAHMAN / AFP)

Citi to sell Southeast Asia retail business in $3.7 bln deal to Singapore’s UOB

January 14, 2022
by Chanwanpen
Comments Off on Citi to sell Southeast Asia retail business in $3.7 bln deal to Singapore’s UOB

SINGAPORE, Jan 14 (Reuters) – Citigroup (C.N) has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) (UOBH.SI) for about $3.7 billion, bringing…

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Citi to sell Southeast Asia retail business in $3.7 bln deal to Singapore’s UOB

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