Citigroup Asks Private Bankers to Rethink China Travel
- Citigroup Inc. joined other international firms in asking private bankers to reconsider trips to China, according to a person with knowledge of the matter, after a UBS Group AG wealth manager’s departure from the country was delayed. Citigroup’s move came after UBS and Julius Baer Group Ltd. imposed similar restrictions on staff travel after the incident, other people familiar with the matter said on Friday. The banks’ representatives declined to comment. Restricting travel to the world’s second largest economy shows that many banks are ...
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