US banking giant Citigroup Inc faces urgent demands from regulators to revise its methods for measuring default risk in trading partnerships, adding to challenges for CEO Jane Fraser's turnaround efforts.

Citigroup faces regulatory scrutiny amid urgent calls for risk management overhaul

Citigroup will wind down its consumer banking and commercial lending operations in Russia starting this quarter and expects to incur about $170 million in charges over the next 18 months.

Citigroup to wind down operations in Russia

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Citigroup faces regulatory scrutiny amid urgent calls for risk management overhaul

Citigroup to wind down operations in Russia