Citibank will sell its retail banking business in Latin America
Citibank venderá sus negocios bancarios para particulares en Latinoamérica
Intel ID : 219687
| Synopsis |
|
Citibank will bow out of the retail banking business in six Latin American markets, including Costa Rica, El Salvador, Guatemala, Nicaragua, Peru and Panama. This announcement is part of its strategy to restructure and slim down, since the financial crisis in the United States.
(content in spanish)
Citibank se retirará del negocio bancario para particulares en seis mercados de Latinoamérica, entre ellos Costa Rica, El Salvador, Guatemala, Nicaragua, Perú y Panamá. Este anuncio se encuadra en su estrategia de reestructuración y reducción de su tamaño a causa de la pasada crisis financiera en Estados Unidos. |
Relevant Documents
| Press Release | 14 Oct 2014 | Citibank_Nota_de_Prensa_2014.pdf | ES |
|
| Intel ID | 219687 | |
| Value | ND | |
| Native Currency |
US Dollar (USD)
Exchange Rate:  |
|
|
Financial Data - Citi
(31 Dec 2013) |
||
| Date |
|
|
| Country |  |
|
| Region | ||
| Continent | |
|
| Geography | |
|
| Subsector (Old TTR Sectors) |
|
|
| Type |
|
|
| Intel Grade |
|
|
| Source |
|
|
| Tags | |
Seller
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
||
| Secondary Sectors (TTRSC) |
25.01.05 Corporate, Sovereign & Trade Finance 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Radar
| Date | Title | Type | Intel Grade | Country | Subsector | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
|
|
|
Mergers & Acquisitions
| Date | Target | Country | Buyer | Seller | VALUE (EURm) | Subsector | |||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.