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. Read More...
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…
