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Scoop.it!
800 Citi staff will join NAB's workforce when the deal closes in March next year. Find out more. 
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Scoop.it!
Citigroup is starting a consumer-payments business, joining its biggest rivals and a host of fintech startups jockeying for position in the hottest corner of banking.
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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NAB's acquisition of Citi retail gives it access to 1 million credit card customers, and $24 billion book of mortgage, unsecured lending and retail deposits plus private wealth management operations. A 30 month TSA will give NAB time to integrate the operations with its tech.