Citi to close private banking unit in Chinese mainland Go back »

2009-02-06 | All chapters

Citi to close private banking unit in Chinese mainland

For full text in English please click

http://www.chinadaily.com.cn/china/2009-01/13/content_7392976.htm 

Citigroup will close its about three-year-old private banking unit in Chinese mainland, where the third-largest US bank by assets once tried to attract money from fast growing millionaires, sources familiar with the situation said on Tuesday.