Russia's Sberbank in Europe faces closure after savers demand money - Reuters


2/28/2022 12:00:00 AM3 years 2 months ago

The European arm of Sberbank <a href="https://www.reuters.com/companies/SBER.MM" target="_blank">(SBER.MM)</a>, Russia's biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a run on its deposits sparked by the backlash from …

FRANKFURT/VIENNA, Feb 28 (Reuters) - The European arm of Sberbank (SBER.MM), Russia's biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a run on its deposits spar… [+4359 chars]

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