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Fri, Jun. 13, 7:13 AM
- Unloading more Citi Holdings assets, Citigroup (C) sells its Greek retail operation to Alpha Bank (ALBKY) for a reported €2M. The sale includes about $600M of GAAP assets, 480K customers, $1.4B in deposits, and $540M in loans.
- Citi says the sale is part of a plan to expand its focus on corporate and shipping clients in the country.
- Source: Press Release
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