Citigroup (C +1.3%) sells its nearly C$2B ($1.9B) Canadian MasterCard portfolio to CIBC (CM), as...


Citigroup (C +1.3%) sells its nearly C$2B ($1.9B) Canadian MasterCard portfolio to CIBC (CM), as part of its push to shed non-core assets. Terms of the deal were not disclosed but are not expected to have a material impact on Citi's net income or capital ratios.
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