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Citigroup Increases Provisions for Credit Losses Due to ‘Macro Environment’
pymnts.com/consumer-finance/2025/citigroup-increases-provisions-for-credit-losses-due-to-macro-environment
Citigroup is reportedly preparing for a potential decline in consumer financial health by putting aside more provisions for credit losses.
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“Given the macro environment, etc., cost of credit compared to last quarter, we expect to be up a few hundred million,”…
This story appeared on pymnts.com, 2025-06-10 16:41:19.