DBS, StanChart among potential bidders for Citi's Asia consumer business - sources

DBS, StanChart among potential bidders for Citi's Asia consumer business - sources

The Edge Markets - World·2021-04-21 05:05

(April 20): Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup's consumer business in Asia, people with direct knowledge of the matter told Reuters.

The sale process will start within a couple of weeks, the people added, declining to be named as they were not authorised to speak to media.

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