ECB to force UniCredit to downsize in Russia
Austria’s Raiffeisen Bank International has also been asked to cut lending to Russia
21 April 2024 - 00:00
The European Central Bank (ECB) is poised to order Italy’s UniCredit to cut back its business with Russia, two people with knowledge of the discussions said, as the regulator exerts pressure to choke off European financial ties with Moscow...
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