Strategy

Citigroup to Close Trust Bank in Japan

Paul Das 10 November 2004

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Citigroup to Close Trust Bank in Japan

Citigroup is closing its trust bank in Japan after closing its private banking operations. Cititrust and Banking Corporation, a trust bank s...

Citigroup is closing its trust bank in Japan after closing its private banking operations. Cititrust and Banking Corporation, a trust bank subsidiary, will be wound down by mid-October 2005. This unit offers investment management and real estate advisory services.

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