Citigroup flags up to $1.5 bln charge from South Korea retail banking exit - NewsBreak
By Tarikul in Business
Updated 2 years ago
Nov 8 (Reuters) - Citigroup Inc (C.N) said on Monday it expects to take a charge of nearly $1.2 billion to $1.5 billion related to the closure of its consumer banking business in South Korea. The bank had said in April it would exit consumer businesses in 13 markets in...