Tag: Sberbank
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
Russians are feeling the effects of the sanctions
Moscow Children’s birthday party in the Moscow cafe “Piterburger”. Eight boys between the ages of ten and eleven buzz around Jelena. “I want the Stary Bro!” Cyril yells in her…
Some investors are stuck in Russian securities
Moscow Stock Exchange No trading on Monday and Tuesday. (Photo: Bloomberg/Getty Images) Frankfurt Investments in Russian securities not only lost massively in value after the sanctions imposed by Western countries…
European subsidiary of VTB Bank stops opening new accounts
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt The second…
Situation at noon – Lavrov rumbles, Shoigu threatens
Foreign Minister Sergey Lavrov threats against the western world. (Photo: imago images/SNA) Dusseldorf It is Russian Foreign Minister Sergei Lavrov who is launching a sweeping attack this Tuesday. The EU…
Leasing companies have to fear for their aircraft
Frankfurt After the pandemic, the big leasing companies in aviation are threatened with the next serious crisis. Because of the Ukraine war and sanctions, more than 500 aircraft leased to…
War in Ukraine causes prices to rise
Gas tank in Bonn 94 percent of the natural gas consumed in this country has to be imported. (Photo: imago images/Future Image) Berlin, Frankfort The gas price skyrocketed to more…
Russia risk weighs heavily on western banks
Headquarters of Raiffeisen International Frankfurt The start of the week for Austria’s Raiffeisen Bank International (RBI) could not have been much more dramatic. The institute’s shares on the Vienna Stock…
Investors see the price level as a buying opportunity
Bull and bear in front of the Frankfurt Stock Exchange Investors have increasingly hedged against losses. (Photo: dpa) Dusseldorf The war in Ukraine created two completely different extremes for private…
Switzerland accepts EU sanctions against Russia
Federal building in Bern On Friday, the Swiss Federal Council rejected EU sanctions. (Photo: imago images/Andreas Haas) Zurich Switzerland decides to impose sanctions on Russia after all. Federal President Ignazio…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Frankfurt The EU subsidiaries of the largest Russian money house Sberbank are on the verge of collapse. According…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Moscow, Frankfurt, Dusseldorf The Russian Central Bank and the Ministry of…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Moscow, Frankfurt, Dusseldorf The Russian Central Bank and the Ministry of…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Vienna The EU’s tougher financial sanctions against Russia are claiming a first victim. According to the European Central…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Dusseldorf The Russian central bank has reacted to financial sanctions imposed…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Dusseldorf The Russian central bank has reacted to the West’s financial…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Vienna The EU’s tougher financial sanctions against Russia are claiming a first victim. According to the European Central…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Vienna According to the European Central Bank, Sberbank Europe AG, a wholly owned subsidiary of Sberbank Russia, and…
Switzerland evades sanctions against Russian oligarchs
Demonstration in Berne The country’s hesitant attitude towards Russia is also controversial within Switzerland. (Photo: dpa) Zurich Switzerland could now decide on sanctions against Russia. This was indicated by Federal…
Which billionaires are blacklisted
Sanctioned Russians Igor Sechin, Alexei Miller, Maria Zakharova, Margarita Simonyan, Arkadi Rotenberg, Boris Rotenberg (from left to right). Moscow, Berlin, London Vladimir Putin has taken precautions: a few weeks ago…