CITIGROUP INC (C) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that CITIGROUP INC surfaced in its latest filing.

• Substantial new import tariffs and a significant increase in the U.S. effective tariff rate occurred.2025
• Citigroup completed the divestiture of Banamex.
• CTA loss of approximately $9 billion would be recognized upon deconsolidation of Banamex.2025-12-31
• At December 31, 2025, Citi's net deferred tax assets were $29.5 billion, net of a valuation allowance of $5.0 billion.2025-12-31
• The FRB and FDIC identified a shortcoming in Citigroup's 2021 resolution plan related to data integrity and data quality management issues.2021
• The FRB and FDIC identified a shortcoming in Citigroup's 2023 resolution plan regarding derivatives unwind capabilities.2023
• Citi submitted a targeted resolution plan.2025-07-01
• In 2024, the FRB entered into a Civil Money Penalty Consent Order with Citigroup due to ongoing deficiencies in its data quality management program.2024
• In 2024, the OCC entered into a Civil Money Penalty Consent Order with Citibank for failure to make sufficient and sustainable progress toward achieving compliance with its 2020 Consent Order.2024
• The 2020 FRB Consent Order and 2020 OCC Consent Order require Citigroup and Citibank to implement extensive targeted action plans and submit quarterly progress reports relating to enterprise-wide risk management, compliance, data quality management, and internal controls.2020