BMO Financial to buy Diners Club N. American ops

Citigroup sells NikkoCiti Trust to Nomura Trust
Nomura Trust and Banking Co. is acquiring NikkoCiti Trust and Banking Corp. from Citigroup Inc. for 19 billion yen ($196 million) as the U.S. financial group scales back its Japan business.

Citi gets approval to issue credit card in China
Citigroup Inc.'s Chinese subsidiary is set to become the first U.S.-based bank to issue its own credit cards in China.

DealBook: Citigroup Struggles in Weak Quarter
Citi shares fell more than 7 percent in the fourth quarter, and investors wasted little time in showing their disappointment. The capital markets unit was especially weak.

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