UniCredit initiates steps to exit Russia
Russia
Citi secures internal approval for sale of Russian business to RenCap
Citi expects a fourth quarter 2025 pre-tax sale-loss of nearly $1.2bn, mainly from currency translation adjustment losses.
HSBC halts Russia payments for retail banking customers
US sanctions over 50 Russian banks, including Gazprombank
Austria’s Raiffeisen explores options for Russian business
Austria’s Raiffeisen bank under pressure over Russian business
Russian oligarchs to divest stake in Alfa-Bank in $2.3bn deal
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