🇷🇺 Citigroup announced on Wednesday the sale of its former Russian subsidiary to Renaissance Capital.

[rvps2001@mastodon.social]

Citigroup 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.

The exit from #Russia will be neutral to Citi's capital, the bank said.

reuters.com

(www.reuters.com)