Citi Agrees to Sell Onshore Consumer Wealth Portfolio in China to HSBC
Citi agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management and deposits, to HSBC Bank China. The transaction covers total deposits and investment assets under management of approximately $3.6 billion.
October 10, 2023
Christine Lam | Citi | HSBC Bank China | Titi Cole
Ian Koplin