Tag: Raiffeisen Bank International
EZB-Entscheidung kostet deutsche Banken 1,7 Milliarden Euro
Sonnenuntergang hinter der Europäischen Zentralbank Die Entscheidung der Notenbank über die Verzinsung von Pflicht-Guthaben hat viele Geldhäuser überrascht. Die Deutsche Bank kritisierte den Beschluss. (Foto: imago images/imagebroker) Frankfurt Für die Banken…
Dax closes with little change – profit-taking on Rheinmetall shares
Dusseldorf Against the background of rising interest rate expectations, investors held back on their purchases on the German stock market on Monday. The leading index Dax closes in the evening…
RBI targeted by US authorities over Russia
Frankfurt, Vienna The Austrian bank Raiffeisen Bank International (RBI) has been targeted by the US sanctions authorities because of its business in Russia. The bank received a letter from the…
Raiffeisen Bank International benefits greatly from business in Russia and achieves record profits
Raiffeisen Bank International logo In the final quarter, the bank more than doubled its net profit to EUR 826 million. (Photo: Reuters) Vienna Thanks in part to its Russian business,…
Raiffeisen Bank International ends the past year with a record profit
Raiffeisen Bank International logo In the final quarter, the bank more than doubled its net profit to EUR 826 million. (Photo: Reuters) Vienna Thanks in part to its Russian business,…
Central bank puts pressure on western banks active in Russia
Berlin The Central Bank of Ukraine is putting pressure on Western banks that support Russia in waging the war: “When you stayed in Russia, you decided to support the aggressor…
Profitable foreign exchange transactions and high interest margins – Ukrainian banks work “non-stop”
Vienna Despite bombing raids on a daily basis, energy supplies constantly collapsing and foreign investors having turned their backs on the country, Ukraine’s financial sector is doing relatively well. “I…
Europe’s banks are getting more women on their boards
Frankfurt When the Hypo-Vereinsbank (HVB) changed its top management a few weeks ago, the change of its previous CEO, Michael Diederichs, to 1. FC Bayern made the headlines. The succession…
Obliged to help with mobilization: German banks also affected
Ukraine War – Russia Russian recruits are drafted. Are German banks making themselves the Kremlin’s henchmen? (Photo: dpa) German and other European banks that are still active in Russia, as…
Citigroup liquidates branches in Russia
Citigroup Inc. On Thursday, the US bank in New York announced that it would close 15 branches with around 2,300 employees in Russia. (Photo: Reuters) Frankfurt The major American bank…
The country’s economic prospects are bleak
Destroyed factory in Bakhmut The sales of the companies in the country have decreased significantly. (Photo: Reuters) Vienna Six months ago, Russian troops invaded Ukraine and the Kremlin launched its…
Moscow wants to block the withdrawal of foreign credit institutions
Frankfurt, Riga It is a statement that would drastically change the strategy of credit institutions in Russia: Moscow apparently wants to block the sale of Russian subsidiaries by foreign banks.…
Why Ukraine’s finances could be in dangerous trouble
Vienna Next week it will be that time again: At the Ukraine Recovery Conference in Lugano, Switzerland, politicians from different countries will discuss what kind of country Ukraine should be…
Reconstruction of Ukraine: Funds confiscated as reparations
Russian assets include Russian central bank funds blocked by Western countries, but also private assets of Russians who have been sanctioned. Economists hold similar views. Gunter Deuber, Head of Research…
Reconstruction of Ukraine: Funds confiscated as reparations
Russian assets include Russian central bank funds blocked by Western countries, but also private assets of Russians who have been sanctioned. Economists hold similar views. Gunter Deuber, Head of Research…
Moody’s lowers growth forecast for 2022
Moody’s headquarters in New York The rating agency warns of the consequences of the Russian war of aggression for banks. (Photo: Reuters) Frankfurt The protracted war in Ukraine has increasingly…
Bank stocks are gaining significantly across Europe
Banca Popolare di Milano (BPM) Dusseldorf The entry of the major French bank Crédit Agricole in the Banco BPM from Italy causes the shares of the entire banking sector to…
HSBC adopts Russian language rules – and probably changes publications
HSBC in London Despite the war in Ukraine, the major British bank is currently continuing to do business with Russia. (Photo: AFP) Frankfurt HSBC apparently wants to avoid trouble with…
Deutsche Bank wants to distribute eight billion euros to shareholders by 2025
Frankfurt The war in Ukraine may have hit the share prices of Deutsche Bank and other European banks, but it has no impact on the goals of Germany’s largest financial…
Deutsche Bank quantifies its Russia risks for the first time
A day before CEO Christian Sewing presents his new strategy, the money house is now trying to calm investors. “Our direct risk positions are currently very limited and are strictly…