Citi Announces Closing of OneMain Transaction
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.”
Source: Citi