Here's Why Citigroup Stock Is Falling Today

KEY TAKEAWAYSCitigroup shares fell after it reported higher fourth-quarter charges than previously anticipated linked to its exposure to Argentina and Russia, as well as its restructuring.Citi said it set aside $1.3 billion in reserves to cover its exposure to Argentina and Russia.The FDIC's special assessment led to expenses of $1.7 billion.Citi is due to release its fourth-quarter results Friday morning.Citigroup (C) shares fell more than 2% in early trading Thursday after it reported higher fourth-quarte ...