Citigroup announced the completion of the sale of its former Russian subsidiary, AO Citibank, to Renaissance Capital. The investment banking giant confirmed that the deal has been signed and closed. This move finalizes Citigroup’s exit from its Russian operations.
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Citigroup says signed and closed the sale of AO Citibank, Citi's former Russian subsidiary, to Renaissance Capital
Citigroup announced the completion of the sale of its former Russian subsidiary, AO Citibank, to Renaissance Capital. The investment banking giant confirmed that the deal has been signed and closed. This move finalizes Citigroup’s exit from its Russian operations.