Today news
About the same in other media
Citigroup to spend $170m winding down Russian consumer and commercial banking
Reading now: 475
fnlondon.comCitigroup will incur costs of around $170m as it winds down its consumer and commercial banking operations in Russia after the country's invasion of Ukraine meant it failed to sell the unit.
The bank will shutter its consumer and commercial banking operations in the country, where it has exposure of $8.4bn, it said in a statement on 25 August. The Wall Street Journal had earlier reported Citigroup's plans to wind down its retail bank in Russia.
Citigroup...
Read more on fnlondon.comAbout this in other media
Kyiv says it has retaken dozens of localities from Russian control in the south and east of Ukraine euronews.com /2 years ago
Car bomb leaves head of Russian-occupied Berdiansk fighting for his life euronews.com /2 years ago
Ukraine war: Strike on Russian base, energy price caps and B52 bombers euronews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
