More than 20 years after the world's leading banks opened outlets in China, a group of foreign banks has started providing local-currency retail services in China after receiving the final approval from the authorities. For the first time,...
Citigroup is expanding. It has acquired the privately held Grupo Financiero Uno (GFU). The Citigroup has also taken over its affiliates; this would help the company expand its presence in Central America. The terms of the deal have not been...
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