Tag: Russia

Citi data $1.3 billion reserve construct for Argentina, Russia

[ad_1] A Citibank department within the monetary district of Buenos Aires, Argentina.Sarah Pabst/Bloomberg Citigroup recorded a $1.3 billion reserve construct tied to its publicity in Argentina and Russia, it mentioned Wednesday in a submitting.  The financial institution additionally mentioned it took an approximate $880 million hit within the fourth quarter because of contemporary devaluations to […]

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