Taipei, Dec. 22 (CNA) The Financial Supervisory Commission (FSC) said Thursday it has approved an agreement for DBS to acquire Citigroup Inc.'s consumer banking franchise in Taiwan.
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Taipei, Jan. 28 (CNA) Citigroup Inc. (Citi) has reached an agreement with DBS on the acquisition of Citi's consumer banking franchise in Taiwan (Citi Consumer Taiwan), including transferring about 3,500 staff employed by the retail arm, according to both multinational financial services corporations Friday.
WASHINGTON (dpa-AFX) - DBS Bank Ltd said that it has agreed to buy the consumer banking business of Citigroup Inc in Taiwan. It will pay Citi cash for the net assets of Citi Consumer Taiwan plus