11:15 AM EDT, 08/11/2025 (MT Newswires) -- US authorities said Citigroup ( C ) oversaw more than $1 billion worth of transactions for a trust that a sanctioned Russian oligarch held a concealed stake in, Bloomberg reported Monday, citing documents it reviewed.

Citigroup ( C ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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