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Spooked bank investors assess fallout as Russia sanctions ‘extended almost daily’
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Shares of European banks plunged in the wake of unprecedented sanctions — dragging down shares of banks globally as investors assess which are most exposed.
Raiffeisen, the Austrian bank that gains around a third of its revenues from Russia, recovered from an 18% drop in its share price in early trading and is was 13.7% down at the time of writing.
Western...
Read more on fnlondon.comAbout this in other media
Deutsche Bank to wind down Russia business in U-turn after Goldman, JPMorgan exit fnlondon.com /2 years ago
Deutsche Bank reverses course on Russia, says it is unwinding business there after Ukraine invasion cnbc.com /2 years ago
Crypto on the defensive amid warnings it isn't doing enough to comply with Russia sanctions euronews.com /2 years ago
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