Entries tagged "Credit Mutuel"
Citigroup Inc. will sell its German retail banking business to Credit Mutuel Group for €4.9 billion ($7.7 billion) after the French lender outbid German rival Deutsche Bank AG for the unit. ...
We heard rumors back in April that Citigroup Inc. may sell its German retail operations unit, Citibank Deutschland. Apparently Germany's Deutsche Bank AG and France's Credit Mutuel are the last bidders duking it out, Reuters is reporting. A decision on the sale is expected within the next two weeks, according to the report. ...