The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted.Deutsche Bank, Germany’s largest banking institution, is scaling down operations in the Russian Federation. The bank announced its move in a statementThe financial conglomerate reaffirmed its support for the German government and its allies in “defending our democracy and freedom.
DB noted that like others in the sector, abiding by legal and regulatory obligations, the bank is now winding down its remaining business in Russia while assisting its non-Russian clients in efforts to reduce their operations in the sanctioned country. It also insisted:by major American investment banks Goldman Sachs and JPMorgan Chase. Citigroup, the U.S. bank with the biggest Russian exposure, is limiting consumer business operations there as well.
Meanwhile, according to Reuters, Austria’s Raiffeisen Bank International is also considering a decision to leave the Russian Federation. The report quoted sources familiar with the matter without providing more details.
Pongo Inu $PONGO, a highly deflationary token on the Ethereum blockchain that keeps pumping through the use of true deflationary techniques & additional revenue generation pongoinutoken PONGO PONGOINU PONGOARMY
Can you suggest some perspective NFT projects
Do u know Poland resisted for 35days fighting 2 supper powers France fought for 46days in 1940s before it fails. Iraq fought US for 42days. We should wonder Ukraine war's just started& SHOCKINGLY Russia nears Kiev fast! Even with west support& Ukraine military might.
It's the best decision Bitcoin does not allow anyone to be obsessed with controlling personal power.
SHINJA ShinjaIsTheNext1000X
Hello good people, I have been scammed and lost all my capital and I need help, even if it is $1, this is my wallet. thank you all 😔❤️😔❤️😔. USDT (TRC20): TQ1i9fZHZdWdPt2ZZiscgg64vYF33ZyAhw
Raca Zig 🔥🔥🚀🚀🚀🚀🚀🚀🚀🚀🚀
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »