The Middle East and Africa’s biggest private equity fund, which denies any wrongdoing, has been seeking a buyer for the unit as it tries to alleviate pressure from investors and creditors.
“Citi is proud to be appointed by YY as depositary bank for its ADR program,” said Dirk Jones, Head of Global Issuer Services at Citi
"This transaction also aligns to Scotiabank's broader international strategy to increase scale in the Pacific Alliance economies of Mexico, Peru, Chile and Colombia."
Germany's flagship lender was expected to cut about 1,000 jobs, or 10 percent of its staff in the United States
In a reversal from 4Q 2017, corporate and health care plans underperformed, with quarterly returns of -478bp, and -432bp respectively.
The new branches will mean households and businesses in the region can tap Chase for mortgages and small-business loans, establishing a regional lending footprint that the company estimates will reach $4 billion by 2023.
Goldman reported gains in all four of its major business units, especially trading, as a surge in volatility led customers to transact more in capital markets.