Washington pressures Austria’s Raiffeisen to drop Russian tycoon deal

Reuters exclusively reported that the United States is pressing Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, to […] The post Washington pressures Austria’s Raiffeisen to drop Russian tycoon deal appeared first on Reuters News Agency.

Mar 27, 2024 - 18:00
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Washington pressures Austria’s Raiffeisen to drop Russian tycoon deal

Reuters exclusively reported that the United States is pressing Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, to drop plans to buy a 1.5 billion euro industrial stake of a Russian tycoon. Washington’s intervention is likely to derail one of the biggest Western deals in Russia and piles more pressure on the Austrian group.

The post Washington pressures Austria’s Raiffeisen to drop Russian tycoon deal appeared first on Reuters News Agency.

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