Core Points - China UnionPay has terminated the membership of Citibank (China) Co., Ltd. as part of Citibank's exit from personal banking in China [1] - Citibank China stated that its corporate banking services remain unaffected and it will continue to serve corporate and institutional clients in the Chinese market [1] - Citibank announced a global restructuring of its personal banking business in April 2021, which included exiting personal banking in over ten markets, including China [1] - In December 2022, Citibank confirmed the gradual closure of its personal banking operations in mainland China, excluding corporate banking [1] - On October 9, 2023, Citibank announced the sale of its personal wealth management business in mainland China to HSBC China, with the transaction expected to be completed by June 11, 2024 [1] - The acquisition by HSBC China includes personal wealth management clients and related assets in 11 major cities across the country [1] - Starting May 6, 2024, Citibank China will cease the transaction functionality of its personal credit cards, with the business being taken over by Fubon Bank [2]
花旗中国：随着个人银行业务的关闭 不再作为中国银联的成员
Cai Jing Wang·2025-09-05 19:22