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Reuters breaks news that Austria’s Raiffeisen Bank examines leaving Russia; market reacts

Reuters broke news that Austria’s Raiffeisen Bank International is looking into leaving Russia, a move that would make it the first European bank to do so since the country’s invasion of Ukraine. Such a decision is not imminent, but could be triggered if the bank’s businesses in those countries need further cash or capital.

The post Reuters breaks news that Austria’s Raiffeisen Bank examines leaving Russia; market reacts appeared first on Reuters News Agency.