Citigroup's Asia retail units may draw bids from DBS, StanChart
Business Standard|October 21, 2021
DBS Group Holdings Ltd. and Standard Chartered Plc are among the lenders planning to bid for Citigroup Inc. consumer banking assets in Asia as the US lender divests units across five markets in the region, according to people familiar with the matter.
MANUEL BAIGORRI, CHANYAPORN CHANJAROEN & NABILA AHMED

Binding bids for Citigroup's retail assets in Indonesia, the Philippines, Taiwan and Thailand are due on Friday, while offers for the India unit while offers for the India unit are due next week, said the people, who asked not to be identified because the information is confidential.

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