Dec 30, 2025
Citi To Sell AO Citibank, Take $1.2 Billion Loss In Russia Exit

Citigroup Inc. (NYSE:C) said Monday its board has approved a plan to sell AO Citibank, marking the final step in exiting the bank’s remaining operations in Russia. AO Citibank is currently reported within Citi’s Services, Markets, Banking, and All Other—Legacy…