Wednesday, June 16, 2021
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Citibank to exit 13 global consumer banking markets, including India and China


Citigroup announced Thursday it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small. Citigroup will depart China, India and 11 other retail markets, where “we don’t have the scale we need to compete,” said Citi Chief Executive Jane Fraser.



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