Citi discloses $5.4 billion exposure to Russia. Not sure how much the other US banks are exposed


Citigroup said Monday it has $5.4 billion in asset exposure to Russia, according a regulatory filings from the bank. The exposure totals about 0.3% of Citigroup's 2021 bank assets, the regulatory filing said. Citigroup also disclosed $8.2 billion of third party exposure to Russia. “Sanctions and export controls, as well as any actions by Russia, could adversely affect Citi's business activities and customers in and from Russia and Ukraine,” Citi said in a separate filing. Shares of Citigroup fell 2.2% in premarket trades on Monday.

https://www.marketwatch.com/story/citi-discloses-54-billion-exposure-to-ukraine-2022-02-28?mod=mw_quote_news


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