Citigroup Sees ‘Significant Uncertainties’ After Brexit Vote

Updated on
  • Lender had $108.4 billion in U.K. exposure as of June 30
  • Citigroup says it’s yet to see negative effect from referendum

Citigroup Inc., the lender that draws more revenue from abroad than any of its U.S. peers, said it expects a challenging business environment in part because of “significant uncertainties” following the U.K.’s surprise vote to leave the European Union.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.