Latest Current Report
Filed: 2025-12-29
Key Insights
- Citigroup is planning to sell its remaining operations in Russia, which it will report as 'held for sale' in Q4 2025.
- The sale is expected to result in a pre-tax loss of approximately $1.2 billion ($1.1 billion after-tax) in Q4 2025 due to currency translation adjustments.
- The sale of the Russia operations is expected to close in the first half of 2026 and the cumulative impact will be capital neutral to Citigroup's Common Equity Tier 1 Capital.