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Citigroup to Sell Citi Trust to JTC for $80 Million
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Citigroup to Sell Citi Trust to JTC for $80 Million
Sep 16, 2024 12:12 PM

11:01 AM EDT, 09/16/2024 (MT Newswires) -- Citigroup ( C ) is selling its trust administration and fiduciary business, Citi Trust, to global professional services provider JTC for $80 million, JTC said Monday.

The deal is expected to close in H1 2025, JTC said in a filing with the London Stock Exchange.

Price: 58.39, Change: +0.72, Percent Change: +1.25

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