Tag: Citi Holding

• Monday, February 22nd 2016 - 08:35 UTC

  Citibank selling consumer banking in South America's three largest economies

  

  Citibank is planning to sell the consumer banking operations it has run for a century in Argentina, Brazil and Colombia as South America’s three biggest economies suffer a major downturn. The New York-based bank said in a statement that its decision was prompted by a desire to allocate resources where it can generate the best returns.