British finance giant Barclays to buy credit card assets of online bank Egg
British bank Barclays is to buy the British credit card assets of online bank Egg from US lender Citigroup for an undisclosed price, as part of plans to boost its retail banking business.
Barclays Bank PLC, a financial services provider, has agreed to acquire the Italian credit card business of Citibank International Bank Plc, a provider of personal and commercial banking services.