Citi Announces Closing of OneMain Transaction

NEW YORK--(BUSINESS WIRE)-- 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.”

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

View source version on businesswire.com: http://www.businesswire.com/news/home/20151116005818/en/

Citi
Media:
Mark Costiglio, 212-559-4114
or
Investors:
Susan Kendall, 212-559-2718
or
Fixed Income Investors:
Peter Kapp, 212-559-5091

Source: Citi

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