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Citigroup reduces anticipate having potential Russia losses

Citigroup reduces anticipate having potential Russia losses

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  • Citi adds $step one.nine bln of supplies for Ukraine drama
  • Investment financial funds slumps toward SPAC lag
  • Financial productivity $cuatro bln so you can shareholders
  • Shares gain 1.4%

New york, April 14 (Reuters) – Citigroup Inc (C.N) you will definitely reduce as much as $3 million from the Russia exposures, $dos billion less than previously forecast, the financial institution told you towards the Thursday while you are reporting an about halving away from their first-one-fourth profit. read more