Citigroup Inc. (C) has agreed to divest its global fiduciary and trust administration services business, Citi Trust, to JTC, one of the global professional services providers, for $80 million. This strategic move aligns with the bank’s focus on concentrating resources in areas that drive growth in its wealth business.Citi Trust, known for its comprehensive trust solutions across seven key jurisdictions like New York, Delaware, South Dakota, Jersey, Singapore, Switzerland and the Bahamas, serves over 2,000 u ...