Citigroup Braces for Loan Losses, Sets Aside Hundreds of Millions of Dollars for Potential Downturn Amid Tough Macro Environment: Report

The financial giant Citigroup Inc. is reportedly bracing for loan losses amid macroeconomic uncertainty. To deal with the potential losses, the investment bank is planning to put aside hundreds of millions of dollars more than it did in the previous quarter, Bloomberg reports source: https://dailyhodl.com/2025/06/12/citigroup-braces-for-loan-losses-sets-aside-hundreds-of-millions-of-dollars-for-potential-downturn-amid-tough-macro-environment-report/