Citigroup today announced the closing of the previously announced sale of OneMain Financial Holdings, Inc. to Springleaf Holdings (NYSE:LEAF).
Citi CEO Michael Corbat said, “The sale of OneMain marks an important milestone in the execution of our strategy and our evolution into a simpler and smaller company that is focused on our core businesses of Institutional and Consumer banking.”
About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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