Citigroup says it’s open to maintaining minority stake in China JV

Citigroup
FILE PHOTO: Reflections are seen on the glass facade of a Citibank branch in Beijing, China, April 18, 2016. REUTERS/Kim Kyung-Hoon

Citigroup Inc. signaled a preference to maintain its minority stake in its China joint venture, taking a different tack than some other global banks that are seizing on the government’s plans to allow majority control.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Should your colleagues be reading this article too? Contact us for corporate subscriptions at subs@dealstreetasia.com.