British bank Barclays buys Citigroup unit credit Egg

British bank Barclays announced the purchase of the American Citigroup for an undisclosed sum the British unit of credit cards online bank Egg, reports Reuters. British division Egg, which currently has 1.15 million accounts with a total balance of 2.3 billion pounds ($ 3.75 billion), will be integrated into the unit of credit cards Barclays. The transaction is expected to be completed in the second half of this year. Citi bought Egg from British insurer Prudential Plc in 2007 for 575 million pounds. American Financial Group last year announced a desire to sell Egg, considering it after the crisis of non-core asset. In mid-February, Barclays agreed to sell its Russian subsidiaries of LLC "Barclays Bank, which was established on the basis of Expobank. Barclays acquired Expobank in 2008 for $ 745 million net profit for Barclays results of fiscal year 2010 grew by 36%, to 3.56 billion pounds. Pretax profit for the period reached 6.07 billion pounds. Source: BBC News