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Citigroup to sell retail units in Argentina, Brazil, Colombia

Monday, February 22, 2016 - 05:50

Bank says it is streamlining operations so that it can place greater emphasis on corporate arm.

Buenos Aires

CITIGROUP has announced that it would sell its retail businesses in Argentina, Brazil and Colombia, countries in which it has been trading for more than a century.

Scrambling to quash any perceptions that the move was related to the struggling economies of these South

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