Russian Sberbank's European units are failing due to war's impact, ECB says - Reuters
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2/27/2022 12:00:00 AM3 years 2 months ago
Several European subsidiaries of Sberbank Russia, majority owned by the Russian government, are failing or likely to fail due to reputational cost of the war in Ukraine, the European Central Bank, the lenders' supervisor, said on Monday.
FRANKFURT, Feb 28 (Reuters) - Several European subsidiaries of Sberbank Russia, majority owned by the Russian government, are failing or likely to fail due to reputational cost of the war in Ukraine,… [+1502 chars]
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