Multiple choice general knowledge

when was the Citi Group divided into 2 operating Units ,Citicorp for its retail and investment banking business, and Citi Holdings for its brokerage and asset management.

  1. 01 June 2009

  2. 16 Jan 2009

  3. 08 Jun 2009

  4. 27 Feb 2009

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Citi announced the restructuring into Citicorp and Citi Holdings on January 16, 2009 as part of its response to the financial crisis. This makes option B correct. The separation was completed later in 2009.