Reuters broke news that Austria’s Raiffeisen Bank International is looking into leaving Russia, a move that would make it the first European bank to do so since the country’s invasion of Ukraine. Such a decision is not imminent, but could be triggered if the bank’s businesses in those countries need further cash or capital.
Business & Finance
Reuters breaks news that Austria’s Raiffeisen Bank examines leaving Russia; market reacts
01 March 2022, 7:58 pm. 1 minute
The bank’s shares rebounded after earlier sharp falls on the report.
Topics of Interest: Business & Finance
Type: Reuters Best
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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