Citigroup Inc. anticipates a substantial after-tax loss of approximately $1.1 billion for Q4 2025 as it proceeds with the planned sale of its Russian unit, AO Citibank, set to close in the first half of 2026. The bank has faced pressure to restructure, recently cutting share price targets for several companies while projecting revenues to exceed $84 billion for 2025. Despite these challenges, Citigroup aims to achieve annualized savings of $2-2.5 billion by 2026 as part of its ongoing strategic adjustments.
“Citigroup Inc. (C) · shares fell · percentage · 0.8%”
“Citi · called · concerns raised by Benchmark and HSBC · misguided”
“Citigroup · added · a Positive Catalyst watch on Marvell Technology Inc. (NASDAQ:MRVL)”
“Citigroup · set · a share price target for Marvell Technology Inc. (NASDAQ:MRVL) · $114”
“Citi · resumed coverage with · a Buy rating”
“Citi · cut the share price target to · $135 · from $192”
“Citigroup Inc. (C) · shares fell · percentage · 0.8%”
“Citigroup Inc. (C) · approved sale of · Russian unit · $1.2 billion pre-tax loss”
“Citigroup Inc. · received · internal approval · to proceed with the planned sale of AO Citibank”
“Citigroup Inc. · expects · the transaction to be signed and closed · in the first half of 2026”
“Citigroup Inc. · approved · a plan to sell AO Citibank · on Dec. 29, 2025”
“Citigroup Inc. · divested · a 25% equity stake in Banamex · to a Mexican business leader”
