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

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

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.

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