WebFeb 27, 2024 · Citi, which had the largest presence in Russia among U.S. banks, nearly two years ago said it would exit the retail business in the country as part of a retreat from … WebSep 1, 2024 · REUTERS/Mike Blake/File Photo. NEW YORK, Sept 1 (Reuters) - In less than two years at the helm of Citigroup Inc , Jane Fraser has unveiled plans to exit Russia in a bid to pare down risky assets ...
Citigroup expands Russia withdrawal, raising prospect of losses
WebFeb 28, 2024 · Citigroup Inc. said it had $9.8 billion in domestic and cross-border exposure to Russia as Western nations level sanctions against the country for its invasion of Ukraine. The figure, which is as ... WebMar 9, 2024 · Citigroup Inc. said it is assessing its future presence in Russia as its clients and the global financial system back away from the country. The New York bank has a larger Russian operation than ot new western lands
Zacks Earnings Trends Highlights: JPMorgan, Citigroup and First …
WebAug 31, 2024 · NEW YORK (Reuters) - In less than two years at the helm of Citigroup Inc, Jane Fraser has unveiled plans to exit Russia in a bid to pare down risky assets and cull consumer businesses in 13 other ... Web6 hours ago · 0875578D. ATLANTIC COUNCIL. Private Company. China lashed out at a leader in Poland for saying that Beijing may attack Taiwan if Russia wins its war in Ukraine. The Chinese embassy in Warsaw ... WebAug 25, 2024 · Citigroup has disclosed its Russia exposure was $8.4 billion, as of June 30. ... The exit will affect deposit accounts, investments, loans and cards. Chief Executive … new western madison blum