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Citigroup Braces for Loan Losses, Sets Aside Hundreds of Millions of Dollars for Potential Downturn Amid Tough Macro Environment: Report
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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..
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Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen Bitcoin fell 0.4% to around $77,900 since midnight UTC as Binance customers pulled a net $3.64 billion after withdrawals reopened and ETFs lost $643 million. By Oliver Knight,.