Citigroup has been offloading a number of retail banking businesses, as part of a switch in its focus under CEO Jane Fraser. Citigroup , which is offloading some of its retail business and pivoting to areas such as wealth management, is in talks to sell its mainland China consumer business, reports said. Bloomberg said that the US bank is in advanced talks with Taiwan’s Fubon Financial Holding, and the Wall Street Journal said, quoting unnamed sources, that a deal with Singapore’s DBS could be announced before the end of January. Citigroup’s Taiwan retail business includes 45 branches, mortgage lending and...