Citi asset sale
DBS completes integration of Citi Taiwan consumer business
DBS completes integration of Citi Taiwan consumer business
Almost 3,000 Citi employees are now part of DBS Taiwan.
Fintech Validus buys Citi’s CitiBusiness loan portfolio in Singapore
It’s the first fintech in SEA to acquire an established bank’s loan portfolio.
DBS acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
UOB buys Citi’s retail businesses in 4 SEA markets for US$3.65b
UOB is paying for the net asset value plus a premium of US$690m.
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