Is Citibank part of UOB?
Citibank is not part of United Overseas Bank (UOB), as it operates independently under its parent holding company, Citigroup Inc. However, as part of Citi's broader strategic decision to exit various international consumer retail markets, Citi did complete the sale of its consumer banking and credit card operations in specific Southeast Asian countries, such as Vietnam, to the UOB Group. Aside from these specific localized asset purchases, Citibank and UOB remain completely separate corporate entities.
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