---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-124865"
form_type: "8-K"
ticker: "C"
cik: "0000831001"
company_name: "CITIGROUP INC"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:11:53.074084+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Citi board approves sale of remaining Russia business, expects ~$1.2B pre-tax loss in Q4 2025

## Summary
- Board approved sale of AO Citibank (Russia operations), to be reported as held-for-sale in Q4 2025.
- Pre-tax loss on sale of ~$1.2B ($1.1B after-tax) recognized via a valuation allowance in Q4 2025.
- Sale anticipated to sign and close in first half of 2026, subject to negotiations and regulatory approvals.
- Loss includes $1.6B CTA charge, partially offset by ~$0.2B expected benefit and ~$0.2B expected proceeds.
- Cumulative CTA impact capital neutral to Citi's Common Equity Tier 1 capital.

## SEC filing metadata
- accession: 0001104659-25-124865
- form_type: 8-K
- ticker: C
- cik: 0000831001
- company_name: CITIGROUP INC
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/831001/000110465925124865/0001104659-25-124865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831001/000110465925124865/c-20251229x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-124865
- JSON: https://secwatch.observer/filing/0001104659-25-124865.json
- Plain text: https://secwatch.observer/filing/0001104659-25-124865.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.