UOB To Own Citi’s Consumer Banking Business Effective 1 November 2022

*Updated on 1 Nov 2022 UOB today announced the completion of the acquisition of Citigroup’s consumer banking businesses in Malaysia and Thailand. Completion of the acquisition of Citigroup’s consumer banking businesses in Indonesia and Vietnam is planned for 2023. The consumer businesses comprise Citigroup’s unsecured and secured lending portfolios, wealth management, and retail deposit businesses….

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