Citigroup plans a programme of bank acquisitions in growth markets in Asia, Latin America and eastern Europe, its chief executive said in an interview published on Monday.
Speaking to Britain’s Financial Times newspaper, Chuck Prince said he hoped to make many more acquisitions similar to last year’s $2.7 billion purchase of KorAm Bank in South Korea.
For this complete story, please visit Citigroup Plans More Buys in Growth Markets.
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