Citigroup Profit Trials on Reserve Release 0 1 3 minutes read City benefited from boom in capital market activity in the quarter Citigroup Inc. forecast market estimates for first-quarter profits on Thursday as the third-largest U.S. lender-issued reserves set aside for epidemic debt losses, revealing plans to exit certain foreign consumer units is. The division comes as Jane Fraser, who took over as chief executive on 1 March, seeks to transform Citigroup from a banking industry controlled by poor risk and control systems to a competitively profitable organization. The move to markets in A...