Hints and tips:
Related Special Reports
...Austria’s Raiffeisen Bank International recently posted dozens of advertisements for Russia-based jobs indicating ambitious plans to grow in the country, in apparent contradiction to its official pledge...
...The investors owned additional tier 1 bonds, or AT1s, a form of bank debt that can be converted into equity or written down when a bank runs into trouble....
...tarnished the reputation of the sector among international investors....
...Raiffeisen Bank is seeking to exchange €400mn worth of profits trapped in Russia against Sberbank’s frozen cash in Europe, in a plan underlining the Austrian lender’s efforts to reduce its exposure to the...
...She worked on deals including Philip Morris International’s acquisition of the smokeless tobacco company Swedish Match, and the £4bn purchase of UK department store Selfridges by Thai conglomerate Central...
...Further cases both in international and domestic courts are in the works....
...As well as damages for the alleged bribes, Mozambique’s claim included more than $1bn over the withdrawal of international financial support, more than $260mn for higher debt costs, and about $100mn in fees...
...Austria’s Raiffeisen Bank International said it expected to be ordered by the European Central Bank to speed up its withdrawal from Russia, in a move that could derail talks to sell its highly profitable...
...Raiffeisen Bank International on Wednesday abandoned a planned sale of risky bank debt after an “adverse market reaction” to a report that the US was putting pressure on the Austrian group over a deal with...
...Raiffeisen Bank boasts Russian growth in job ads After Russia’s full-scale invasion of Ukraine, Raiffeisen Bank International promised to pull out of the country and sell its business there....
...Austria’s Raiffeisen Bank International said it expected the European Central Bank to ask it to accelerate the reduction of its business in Russia....
...Austria’s Raiffeisen Bank has served up an equally elaborate scheme that may extricate it from the same country....
...Austria’s Raiffeisen Bank International has concluded a complex asset swap arrangement with Oleg Deripaska that skirts EU sanctions restrictions to hand the Russian oligarch roubles worth €1.5bn....
...Raiffeisen Bank generated almost half of its profits from its Russian operations this year despite attempts by the Austrian lender to cut back its business in the country....
...Other western banks, including Citigroup, Italy’s UniCredit and Austria’s Raiffeisen Bank International, are still operating in Russia....
...Raiffeisen Bank increased pay for its Russia-based staff by €200mn in the past six months even as the Austrian lender comes under increasing pressure to leave the country....
...The package of proposals in the Report on Banking Stability, which is expected to be signed into law next year, includes a recommendation that banks with international subsidiaries hold additional capital...
...Exclusive: Austria’s Raiffeisen Bank International recently posted dozens of advertisements for Russia-based jobs indicating ambitious plans to expand in the country, in apparent contradiction to its official...
...Raiffeisen said it was trying to find ways of selling or spinning off its Russian business while staying compliant with local and international laws and regulations....
...Syngenta’s IPO prospectus, dated June 2023, named mainland banks CICC and Bank of China International as sponsor banks and Citic Securities as the underwriter....
...Risky business The US is pressing Austria’s Raiffeisen Bank International, the biggest western bank in Russia, to drop plans to buy a €1.5bn stake from a Russian tycoon, Reuters writes....
...Aareal, which is owned by Advent International and Centerbridge Partners, and its listed German peer Deutsche Pfandbriefbank have been particularly hard-hit by their exposure to US commercial property....
...Croda International chief financial officer Louisa Burdett will step down in June 2024 to become CFO of Spirax-Sarco Engineering....
...The European Central Bank, which supervises all systemically important EU lenders, has, meanwhile, demanded a concrete plan from Raiffeisen to wind down its Russian activities....
...Bank International is committed to reducing its operations in Russia, but the lender has recently posted advertisements indicating ambitions to hire Russia-based staff and grow its business there....
International Edition