Sumitomo Mitsui Financial Group Inc. will announce an agreement to buy Citigroup Inc.'s Japanese consumer-banking business as soon as next week, sources with knowledge of the matter said. The lending unit of Japan's second-biggest bank by market value will purchase the operations from Citibank Japan ...
Two banks emerge as potential buyers of Citigroup Japan units
Citigroup Inc. has held the second round of an auction to sell its retail and credit card businesses in Japan, apparently short-listing two domestic banks, sources close to the matter said. Sumitomo Mitsui Banking Corp. and Sumitomo Mitsui Trust Bank are considered potential buyers of ...
