NYSE:CBanks
Citigroup (C) Is Up 5.2% After Russia Exit Deal Boosts Capital Ratios Despite Q4 2025 Loss
Citigroup has approved the sale of its remaining Russian operations to Renaissance Capital, a move that is expected to trigger a roughly US$1.20 billion pre-tax loss in the fourth quarter of 2025 but also reduce risk-weighted assets and lift core capital ratios once completed.
This exit, combined with fresh fixed-income issuance and new senior appointments in Asia Pacific, marks a further step in simplifying Citi’s footprint while reinforcing its global institutional focus.
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