Citigroup stock slides after $1.2 billion Russia-exit hit; investors eye Jan. 14 earnings
NEW YORK, December 30, 2025, 5:35 PM ET — After-hours Citigroup shares fell on Tuesday after the bank disclosed that selling its remaining Russia business will trigger a roughly $1.2 billion pre-tax loss. Reuters The update lands days before the year ends and weeks ahead of Citi’s fourth-quarter results, when investors will see the impact of the accounting charge and any knock-on effects on capital and expenses. Reuters Citi said the loss is “largely related to the currency translation adjustment,” a bookkeeping line that records gains or losses when a foreign unit’s accounts are converted into U.S. dollars. Reuters At