Credit Suisse and Deutsche Bank detail their exposure to Russia Financial firms strive to distance themselves from Russia BNP Paribas excludes Russian staff from systems LONDON, March 10 (Reuters) – Goldman Sachs Group Inc (GS.N) on Thursday became the first U.S. bank to pull out of Russia after its invasion
Band Lawrence White and Brenna Hughes Neghaiwi LONDON, March 10 (Reuters) – Swiss credit CSGN.S said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of 2021, the latest European bank to reveal the scale of potential losses as sanctions Western powers excluded
Russia’s invasion of Ukraine is putting pressure on central banks on the European Union’s eastern flank to support their weakened currencies, forcing Czech and Polish authorities to intervene in the market and Hungary to prolonged rate hikes.The market sell-off following the February 24 Russian invasion and an impending energy price
European banks brace for Russian-backed cyber-retaliation – Risk.net Tougher Sanctions on Russia’s Biggest Banks Trigger Computer Security Alert; Hundreds of computers downed in Ukraine European banks are bracing for an escalation in state-sponsored cyberattacks as Russia’s invasion of Ukraine sparked a barrage of sanctions against the country’s biggest financial firms.
The City of London’s financial district is seen as people walk on the Millennium Bridge in London, Britain February 16, 2022. REUTERS/Henry Nicholls/File Photo Join now for FREE unlimited access to Reuters.com Register Britain, EU and US announce sanctions against Russian banks HSBC fears ‘wider contagion’ The most exposed Austrian,
Band Tom Sims, Lawrence White and John O’Donnell FRANKFURT, February 9 (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’s UniCredit has backed away from a possible acquisition in Russia and Austria’s Raiffeisen Bank International has set aside risk provisions for possible sanctions against Russia. What banks in
A Ukrainian Armed Forces tank is seen during military exercises at a training ground in Dnipropetrovsk region, Ukraine, February 8, 2022. Ukrainian Armed Forces General Staff/via REUTERS Join now for FREE unlimited access to Reuters.com Register FRANKFURT, Feb 9 (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’s