Citi Sells More Branches In Texas To BB&T - Presented by: The Aol. On Network

Citigroup agreed to sell another 41 branches in Texas to BB&T Corp as the third-largest U.S. bank cuts back on brick-and-mortar outlets and focuses on online banking. Citi also sold its retail banking and credit card business in Spain to Banco Popular in June and, according to a source, is considering selling its Japanese retail banking operations. The latest sale includes retail branches in Dallas, Houston and Midland that had $2.3 billion in deposits and $87 million in loans.



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