Monday, February 24, 2014

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Citi sells portfolio to GE Capital Citigroup sold portfolios digital age financiacin by 1,600 million dollars of your business card retailers, digital age the financial arm of General Electric said it was acquiring digital age about 36 retail portfolios.
The Government digital age went on sale the titles of the bank to recoup some of the costs of their rescue
Citigroup, which continues desprendindose core assets, portfolios financiacin sold 1,600 million dollars for his business partner retailers at GE Capital cards, the companies announced.
Retail Partner Cards provides commercial card products for consumer credit and more than 40 million customers and has assets of about 50,000 million digital age dollars. digital age The list of retail customers including The Home Depot, Shell, Macy's, Sears, and ExxonMobil.
In June, Citigroup said it was selling automotive loans by 3,200 million dollars to Banco Santander, and around 2,000 million dollars of Canadian credit card loans to Imperial Bank of Commerce of Canada .
These measures reduce ayudarna Citi Holdings assets, which tena around 465,000 million dollars at the end of the second quarter, compared to 827,000 million dollars from its peak in the first quarter of 2008.
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