Citi Sells Its Diners Club Issuing Business In Ireland, UK

Citigroup has sold its Diners Club payment card issuing business in the UK and Ireland to Affiniture Cards, Reuters reports. Terms of the deal were not disclosed.

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    Citi’s Diners Club issuing operations had already been moved into under the Citi Holdings umbrella, a business division created solely to hold distressed assets prior to their sale.

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