Exclusive: Citi, Raiffeisen, other foreign banks seek staff in Russia as they struggle to exit
Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International (RBIV.VI), have started looking for staff this month after Russian authorities moved to block them exiting the country, industry sources and a recruiting company said.
Exclusive: UniCredit widens search for buyers to sell out of Russia
Italian bank UniCredit (CRDI.MI) has widened its search for a buyer for its Russian business beyond local investors, as it steps up efforts to leave the country, two people with knowledge of the matter said.
SocGen boosts first-quarter income but costs of Ukraine war rise
French lender Societe Generale (SOGN.PA) beat first-quarter earnings expectations on Thursday but booked higher provisions for loans turning bad as the economic impact of the war in Ukraine hits its customers.
SocGen quits Russia with sale of Rosbank to oligarch Potanin
French bank Societe Generale said on Monday it would quit Russia with a deal to sell its stake in Rosbank to Interros Capital, a firm linked to Russian oligarch Vladimir Potanin, the head of mining giant Norilsk Nickel
