面对美国及欧盟不断升级制裁，花旗多年来一直在考虑退出俄罗斯市场。其他银行亦已收缩业务，高盛 集团今年早些时候已获准出售其俄罗斯业务。 智通财经APP获悉，花旗集团(C.US)表示，预计因向 Renaissance Capital (简称 RenCap)出售其在俄罗斯 的剩余业务，将产生约 11 亿美元的税后亏损。 根据周一提交的一份监管文件，该行计划在第四季度财报中将这部分剩余业务列为"持有待售"，并预计 在 2026 年上半年完成对 AO Citibank 的出售。 当前，花旗与俄罗斯历史最悠久的投资银行之一 RenCap 达成协议，出售剩余业务。俄罗斯总统普京于 11 月签署命令批准该交易。 声明称，亏损主要与货币折算调整有关;银行提醒，若汇市波动，亏损金额可能进一步变化。 "剩余业务的整体剥离预计将使花旗集团的核心一级资本(CET1)获得正向增益，这一积极影响主要源于 相关风险加权资产的去合并效应。" 早在 2022 年俄乌冲突升级之前，花旗已开始缩减当地业务。当年，该行宣布将逐步关停俄罗斯的消费 及本地商业银行服务，并几乎全面停止机构银行业务。其官网显示，剩余业务仅为履行部分尚未完成的 法律和监管义务 ...

Core Viewpoint - Citigroup's board has approved the sale of its remaining business in Russia, AO Citibank, to investment bank Renaissance Capital, resulting in a pre-tax loss of approximately $1.2 billion for the current quarter [1] Group 1: Transaction Details - The transaction is expected to be signed and completed in the first half of 2026, according to a filing with the U.S. Securities and Exchange Commission (SEC) [1] - Citigroup will classify its remaining business in Russia as "held for sale" in the fourth quarter of 2025 [1] Group 2: Financial Impact - The loss associated with the sale may be subject to future fluctuations, including changes in exchange rates [1] - The approval for Renaissance Capital to acquire Citigroup's business in Russia was granted by Russian President Vladimir Putin last month [1]

Core Viewpoint - Citigroup's board has approved the sale of its remaining business in Russia, AO Citibank, to Renaissance Capital, resulting in a pre-tax loss of approximately $1.2 billion for the current quarter [1][3]. Group 1: Transaction Details - The transaction is expected to be signed and completed in the first half of 2026, as per Citigroup's filing with the SEC [1][3]. - The losses associated with the sale may vary further due to foreign exchange fluctuations [4]. Group 2: Business Strategy - Starting from the fourth quarter of 2025, Citigroup will classify its remaining business in Russia as "held for sale" [5]. - Last month, the Russian government approved Renaissance Capital's acquisition of Citigroup's operations in Russia [6]. - In August 2022, Citigroup announced its ongoing efforts to reduce its consumer banking and local commercial banking operations in Russia to mitigate business risks [6].

Market Performance - The U.S. stock market indices collectively declined due to heightened tensions from significant fluctuations in commodity prices, with the S&P 500 down 0.35% to 6905.74 points, the Nasdaq Composite down 0.5% to 23474.35 points, and the Dow Jones Industrial Average down 0.51% to 48461.93 points [1] - The mining sector experienced a collective drop, with First Majestic Silver down 4.13% and Newmont Mining down 5.64%, while lithium giant Albemarle fell by 3.62% [2] Commodity Market - Silver futures on Comex saw extreme volatility, reaching a high of $82 per ounce before plummeting to $71.6, marking a decrease of 7.20% [4] - Analysts suggest that precious metals have been severely overbought, and the recent declines may present a buying opportunity in the coming weeks [4] Company News - SoftBank Group announced a $4 billion acquisition of data center investment company DigitalBridge, marking a significant step in its artificial intelligence strategy [10] - Citigroup expects to record an after-tax loss of approximately $1.1 billion in Q4 related to the sale of its Russian business, with the transaction anticipated to complete next year [11] - Meta has acquired AI startup Manus, which was originally founded in China and later moved to Singapore, although financial terms of the deal were not disclosed [12] Sector-Specific Developments - Lululemon is facing a rare power struggle as founder Chip Wilson seeks to remove the current board, emphasizing the need for visionary leadership to drive the company's next phase of success [9] - Novo Nordisk has lowered the price of its weight loss drug semaglutide in China, following the impending expiration of its patent, with local companies preparing to introduce cheaper generic alternatives [8] Chinese Stocks - The Nasdaq Golden Dragon China Index fell by 0.67%, with notable declines in Alibaba (down 2.46%) and JD.com (down 0.44%), while NIO and NetEase saw gains of 4.71% and 0.92%, respectively [7]

Core Viewpoint - Citigroup's board has approved the sale of AO Citibank, its remaining business in Russia, to Renaissance Capital, which will incur a pre-tax loss of approximately [1] Group 1: Company Actions - The decision to sell AO Citibank is part of Citigroup's strategy to exit the Russian market [1] - The sale is expected to finalize soon, indicating a swift move by Citigroup to divest its operations in Russia [1] Group 2: Financial Impact - The transaction will result in a pre-tax loss for Citigroup, although the exact amount has not been disclosed [1] - This divestiture reflects the ongoing challenges and financial implications of operating in Russia amid geopolitical tensions [1]

Core Viewpoint - Citigroup is anticipating a pretax loss of approximately $1.2 billion from a sale in the fourth quarter of this year [1] Group 1 - The expected loss is significant and indicates potential challenges in the company's financial performance for the upcoming quarter [1]

Group 1 - The core viewpoint of the article is that Citigroup's divestiture of assets in Russia will help improve its Common Equity Tier 1 (CET1) capital ratio [1] Group 2 - The asset divestiture is part of Citigroup's strategy to enhance its financial stability and capital adequacy [1] - The move is expected to positively impact the bank's overall capital structure and risk profile [1] - This decision reflects Citigroup's ongoing efforts to streamline operations and focus on core markets [1]

Group 1 - The core point of the article is that Citigroup's board has approved the sale of its stake in the Russian outlet Citibank [1] Group 2 - The decision reflects Citigroup's ongoing strategy to exit from the Russian market amid geopolitical tensions [1]

Core Viewpoint - Bitcoin is increasingly correlated with equities, and strong risk-on sentiment enhances its appeal, particularly following ETF approvals which have led to significant capital flows into crypto [1][2]. Group 1: Bitcoin Price Predictions - Citigroup's base case predicts Bitcoin will reach $143,000 in 12 months, representing a 62% increase from the current price of approximately $87,000 [3][6][10]. - The bull case estimates Bitcoin could rise to $189,000, indicating a 117% upside, contingent on multiple favorable market conditions aligning simultaneously [11][12][31]. - The bear case suggests a modest decline to $78,500, reflecting a 10% drop, which is seen as a temporary setback rather than a catastrophic collapse [18][19][24]. Group 2: Key Drivers for Bitcoin's Future - Large ETF inflows are expected to create stable buying pressure, with Citi forecasting $15 billion in ETF inflows over the next year to reignite institutional interest [2]. - Regulatory clarity, particularly through the proposed Clarity Act, is viewed as a major catalyst for institutional participation, providing clearer rules for Bitcoin [8]. - Institutional demand, driven by FOMO (Fear of Missing Out) from hedge funds and corporate treasuries, is anticipated to add incremental demand for Bitcoin [9]. Group 3: Market Conditions and Support Levels - A critical support level for Bitcoin is identified at $70,000, which is essential for maintaining bullish sentiment; holding above this level validates the bull case [7][25][29]. - If Bitcoin falls below $70,000, it could trigger stop-losses and lead to a full bear scenario, indicating a significant shift in market sentiment [28][32]. - The overall market sentiment and macroeconomic conditions, including potential global recession risks, will play a crucial role in Bitcoin's price trajectory [20][22].

Group 1 - Citigroup's short position in ZTE Corporation's H-shares decreased from 5.83% to 4.89% as of December 19 [1]