SENSEX
NIFTY
GOLD
USD/INR

Weather

image 16    C

Company News

The Economic Times

Company / The Economic Times

details

Citigroup exits Russia, closer to completing strategic divestitures

Citigroup has completed its exit from Russia by selling its former subsidiary to Renaissance Capital, a move approved by regulators. This transaction is expected to boost the bank's capital by $4 billion in the first quarter of 2026. Analysts view this as a significant step towards completing Citigroup's international divestiture plan.

18 Feb 2026 10:42 pm