Citigroup Inc. (C) Completes the Sale of its Russian Operations
Citi(US:C) Yahoo Finance·2026-02-25 16:09Citigroup Inc. (NYSE:C) is one of the Best Stocks to Buy and Hold For the Next 3 Years. On February 18, Citigroup Inc. (NYSE:C) announced the completion and closing of the sale of its Russian operations. The company sold its AO Citibank, which was its former Russian subsidiary, to Renaissance Capital. Management noted that with the close of this sale, all remaining businesses and around 800 employees will be transferred to Renaissance Capital once the transaction goes through regulatory approvals. Citig ...