Business & Finance
01 March 2022, 7:58 pm. 1 minute
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.
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