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Barclays to buy Citi’s Portuguese credit card business

Barclays to buy Citi’s Portuguese credit card business

Barclays has agreed to buy the Portuguese credit card business of Citi, as the UK bank looks to expand its presence in Western Europe. Financial terms of the deal were not disclosed, although the Wall Street Journal reports that Barclays is paying less than $100 million – writes Finextra.    Barclays will acquire around 400,000 [...]

The post Barclays to buy Citi’s Portuguese credit card business appeared first on Payments Cards & Mobile.

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