Unionbank to buy Citi's Philippine consumer banking biz

Unionbank to buy Citi's Philippine consumer banking biz

REUTERS/Robert Galbraith

Unionbank of the Philippines said on Thursday it will acquire the consumer banking business of Citigroup Inc in the Southeast Asian nation, as part of a bid to boost growth in its retail banking sector.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter