Citigroup Sells $1.3b in Credit-Card Assets
Deseret News (Salt Lake City) › September 01, 2009
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Summary
NEW YORK -- Citigroup Inc. said Monday that it sold $1.3 billion in credit-card assets as the bank reorganizes itself in the wake of government bailouts.
The New York-based bank said it sold its entire ownership interest in three North American partner credit-card portfolios representing about $1.3 billion in managed assets. Terms of the deals and the acquirer weren't disclosed.See the full content of this document
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Citigroup Sells $1.3b in Credit-Card Assets
Citi will continu...
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