CORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capital

Reuters

02/18

Corrects to say cumulative impact of loss expected to be capital neutral in headline and third paragraph. Removes second paragraph

By Tatiana Bautzer

Feb 18 (Reuters) - Citigroup C.N announced on Wednesday the sale of its former Russian subsidiary to Renaissance Capital. The transaction, already approved by regulators, completes Citi’s full exit from the country.

In the first quarter of 2026, the bank's capital will rise by $4 billion as a result of the transfer of risk-weighted assets to the buyer and other factors. Considering a previously reported $1.6 billion currency loss related to Russia, the cumulative impact of the loss is capital neutral, the bank added in a statement.

(Reporting by Pritam Biswas in Bengaluru and Tatiana Bautzer in New York; Editing by Mrigank Dhaniwala and Toby Chopra)

((Pritam.Biswas@thomsonreuters.com;))

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2612880449"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2612880449\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612880449?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-18 21:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612880449","market":"fut","top_or_hot":-1,"title":"CORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capital","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>CORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capital</title></head><body><p>Corrects to say cumulative impact of loss expected to be capital neutral in headline and third paragraph. Removes second paragraph</p><p>By Tatiana Bautzer</p><p><span>Feb 18 (Reuters)</span><span> - </span>Citigroup <span>C.N</span> announced <span>on Wednesday the </span>sale of its former Russian subsidiary to Renaissance Capital. <span>The transaction, already approved by regulators, completes Citi’s full exit from the country. </span></p><p><span> In the first quarter of 2026, the bank's capital will rise by $4 billion as a result of the transfer of risk-weighted assets to the buyer and other factors. Considering a previously reported $1.6 billion currency loss related to Russia, the cumulative impact of the loss is capital neutral, the bank added in a statement.</span></p><p>(Reporting by Pritam Biswas in Bengaluru and Tatiana Bautzer in New York; Editing by Mrigank Dhaniwala and Toby Chopra)</p><p>((Pritam.Biswas@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capital</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capital\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2026-02-18 21:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>CORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capital</title></head><body><p>Corrects to say cumulative impact of loss expected to be capital neutral in headline and third paragraph. Removes second paragraph</p><p>By Tatiana Bautzer</p><p><span>Feb 18 (Reuters)</span><span> - </span>Citigroup <span>C.N</span> announced <span>on Wednesday the </span>sale of its former Russian subsidiary to Renaissance Capital. <span>The transaction, already approved by regulators, completes Citi’s full exit from the country. </span></p><p><span> In the first quarter of 2026, the bank's capital will rise by $4 billion as a result of the transfer of risk-weighted assets to the buyer and other factors. Considering a previously reported $1.6 billion currency loss related to Russia, the cumulative impact of the loss is capital neutral, the bank added in a statement.</span></p><p>(Reporting by Pritam Biswas in Bengaluru and Tatiana Bautzer in New York; Editing by Mrigank Dhaniwala and Toby Chopra)</p><p>((Pritam.Biswas@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"綜合性銀行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260218:nL4N3ZE0YW:1","article_id":"2612880449","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612880449","pubTimestamp":1771422563,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capitalCorrects to say cumulative impact of loss expected to be capital neutral in headline and third paragraph. Removes second paragraphBy Tatiana BautzerFeb 18  - Citigroup C.N announced on Wednesday the sale of its former Russian subsidiary to Renaissance Capital. The transaction, already approved by regulators, completes Citi’s full exit from the country.  In the first quarter of 2026, the bank's capital will rise by $4 billion as a result of the transfer of risk-weighted assets to the buyer and other factors. Considering a previously reported $1.6 billion currency loss related to Russia, the cumulative impact of the loss is capital neutral, the bank added in a statement.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0106831901.USD":"贝莱德世界金融基金A2","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4566":"资本集团","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4504":"桥水持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","C":"花旗","BK4559":"巴菲特持仓","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","BK4588":"碎股","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC"},"translate_title":"花旗集团退出俄罗斯，预计出售对资本中性","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C":0.9},"content_text":"CORRECTED-UPDATE 1-Citigroup exits Russia and impact of previously reported loss expected to be neutral to capitalCorrects to say cumulative impact of loss expected to be capital neutral in headline and third paragraph. Removes second paragraphBy Tatiana BautzerFeb 18 (Reuters) - Citigroup C.N announced on Wednesday the sale of its former Russian subsidiary to Renaissance Capital. The transaction, already approved by regulators, completes Citi’s full exit from the country.  In the first quarter of 2026, the bank's capital will rise by $4 billion as a result of the transfer of risk-weighted assets to the buyer and other factors. Considering a previously reported $1.6 billion currency loss related to Russia, the cumulative impact of the loss is capital neutral, the bank added in a statement.(Reporting by Pritam Biswas in Bengaluru and Tatiana Bautzer in New York; Editing by Mrigank Dhaniwala and Toby Chopra)((Pritam.Biswas@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}