Citigroup sells consumer bank in Philippines Citigroup Inc said on Thursday it is selling its consumer-banking business in the Philippines to UnionBank in the third of 13 planned exits from Asia franchises....
Unionbank will pay cash for the net assets of the Citi Philippines' consumer banking business plus a premium of 45.3 billion pesos, or about$ 908 million, Citigroup said....
International public equities contributed 30.7% share to gross income in 2021 as compared to 24.2% last year....
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2021-12-27 00:00:00.0