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Date: Wednesday, 20 Aug 2014 17:51
[at The Wall Street Journal] - Citigroup is considering the sale of its retail-banking business in Japan, where the U.S. financial giant has had a presence for decades as a leading Western bank, people familiar with the matter said....
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Date: Wednesday, 20 Aug 2014 17:00
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Date: Wednesday, 20 Aug 2014 15:12
[at Financial Times] - hannah.kuchler@ft.com Twitter: @hannahkuchler , Citibank's venture capital arm and Silicon Valley investment firm Menlo Ventures have invested in vArmour, a newly launched data centre security company, ...
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Date: Wednesday, 20 Aug 2014 14:05
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Date: Wednesday, 20 Aug 2014 13:50
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Date: Wednesday, 20 Aug 2014 08:52
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Date: Wednesday, 20 Aug 2014 07:37
[at Financial Times] - Citigroup is considering pulling out of retail banking in Japan, which would be the latest in a series of exits by foreign players amid rock-bottom interest rates and fierce competition from domestic lenders. ...
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Date: Wednesday, 20 Aug 2014 07:35
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Date: Wednesday, 20 Aug 2014 07:25
[Reuters] - * Citi Japan has struggled with compliance issues, achieving scale * Citi had among the smallest of comparably sized banks' loan books * Japanese banking faces weak domestic loan demand (Recasts with details on Citigroup's past compliance, cost problems) TOKYO, Aug 20 (Reuters) - Citigroup Inc is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anaemic lending.
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Date: Wednesday, 20 Aug 2014 05:59
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Date: Wednesday, 20 Aug 2014 03:55
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Date: Wednesday, 20 Aug 2014 03:51
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Date: Wednesday, 20 Aug 2014 03:48
[Talking Numbers] - http://l.yimg.com/hv/api/res/1.2/KeialoYno95b5WnKWZgpaA--/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@3345d0a2-4554-3b7a-bf34-236c4dba2f8b_FULL.jpg
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Date: Wednesday, 20 Aug 2014 02:17
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Date: Tuesday, 19 Aug 2014 23:47
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Date: Tuesday, 19 Aug 2014 23:06
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Date: Tuesday, 19 Aug 2014 22:51
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Date: Tuesday, 19 Aug 2014 22:47
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Date: Tuesday, 19 Aug 2014 20:18
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Date: Tuesday, 19 Aug 2014 19:59
[AFP] - Citigroup is eyeing the sale of its Japanese retail banking operations, reports said Wednesday, more than a century after setting up shop in the Asian nation. The Nikkei business daily said the US financial giant was talking to Japan's three top lenders about a possible deal, among others. The bidding process was expected to begin as early as September, the daily said, adding that a number of domestic banks have expressed an interest, aiming to gain from Citigroup's relatively wealthy customer base. A company spokeswoman in Tokyo declined comment on the Nikkei report, a day after the Wall Street Journal also said Citigroup planned to exit Japan.
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