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Citigroup (Citi)
Banking & finance
UOB completes acquisition of Citigroup's consumer banking businesses in Malaysia and Thailand
The completion of the acquisition of Citigroup’s consumer banking businesses in Indonesia and Vietnam is planned for 2023.
November 01, 2022
Global Economy
Citigroup economists see chance of global recession nearing 50%
Citigroup now sees the world economy growing 3% this year and 2.8% in 2023.
June 22, 2022
M&A
UOB to acquire Citi's consumer business in Indonesia, Malaysia, Thailand, Vietnam for $5 billion
Completion is expected to take place between mid-2022 and early 2024.
January 14, 2022
Banking & finance
UOB and Standard Chartered among Citi's preferred bidders for its consumer assets in Asian markets
UOB is Citigroup's preferred bidder in Indonesia, while Standard Chartered emerged as the frontrunner for Citi's Malaysian market.
December 07, 2021
Banking & finance
Citi Said to Pick Union Bank as Preferred Bidder for Philippines
Citi is believed to have picked Union Bank of the Philippines as the acquirer of its consumer banking assets in the Philippines
December 01, 2021