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C

Citi

$76.45 /

-1.76 (-2.25%)

17:46
02/21/20
02/21
17:46
02/21/20
17:46

Citi sees 'reasonably possible' legal costs of up to $1.3B in aggregate

According to a regulatory filing, Citi estimated that the reasonably possible unaccrued loss for various legal matters ranges up to roughly $1.3B in the aggregate. For some of the matters included within this estimation, an accrual has been made because a loss is believed to be both probable and reasonably estimable, but an exposure to loss exists in excess of the amount accrued. In these cases, the estimate reflects the reasonably possible range of loss in excess of the accrued amount. For other matters included within this estimation, no accrual has been made because a loss, although estimable, is believed to be reasonably possible, but not probable; in these cases, the estimate reflects the reasonably possible loss or range of loss. As of December 31, 2019, Citigroup estimates that the reasonably possible unaccrued loss for these matters ranges up to approximately $1.3B in the aggregate. These estimates are based on currently available information. As available information changes, the matters for which Citigroup is able to estimate will change, and the estimates themselves will change. In addition, while many estimates presented in financial statements and other financial disclosures involve significant judgment and may be subject to significant uncertainty, estimates of the range of reasonably possible loss arising from litigation and regulatory proceedings are subject to particular uncertainties.

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C Citi
$76.45 /

-1.76 (-2.25%)

02/03/20 Odeon Capital
Odeon's Bove upgrades JPMorgan, downgrades four other banks in defensive shift
02/03/20 Odeon Capital
Citi downgraded to Hold from Buy at Odeon Capital
01/15/20 DA Davidson
Citi price target raised to $100 from $96 at DA Davidson
01/15/20 BMO Capital
Citi price target raised to $97 from $95 at BMO Capital

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TPI Composites upgraded to Overweight from Neutral at JPMorgan » 04:56
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EQUEY

Equatorial Energia

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