Major US banks are currently facing substantial financial losses due to an increasing amount of unpaid debts. Citigroup, Bank of America, and Goldman Sachs have collectively reported losses amounting to $4.139 billion. Citigroup’s net credit losses alone have risen by approximately $780 million in the second quarter of this year compared to Q2 2023. Major The post Citigroup Leads with $2.28 Billion in Losses Amid Rising Consumer Debt in Q2 2024 appeared first on COINOTAG NEWS .