HSBC Completes Sale of Russian Unit to Expobank usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
HSBC (HSBA.L) has transferred ownership of its Russian unit to Expobank for an undisclosed fee, the two lenders said on Wednesday, ending around two years of negotiations and uncertainty. HSBC's exit from Russia has been on the cards since February, when Russian President Vladimir Putin gave approval for the asset…
European banks in Russia face 'awful lot of risk', Yellen says | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Italian banks must halt operations in Russia as doing business in the country is causing a reputational problem the ECB has said Read Full Article at RTcom