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The Latest Breaking News from Rosbank

Putin Greenlights Rosbank's Acquisition of SocGen's Russian Assets

Discover how Putin's approval of Rosbank's acquisition of Societe Generale's Russian assets is shaking up the financial landscape in a compelling twist of ...

Top News

U.S. targets Russian financial services sector, businessman Potanin

The United States on Thursday targeted Russia's financial services sector and Russian businessman Vladimir Potanin, increasing pressure on Moscow over its invasion of Ukraine.

Reuters

US financial sanctions target one of Russia's richest men

Washington (AFP) - The US announced financial sanctions targeting one of Russia's wealthiest men, Vladimir Potanin, the Treasury Department and State Department said Thursday, adding to efforts that curb Moscow's ability to fund its war in Ukraine.

AFP

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Citigroup Negotiating With Local Bidders For Its Russian Operations: FT

Citigroup Inc (NYSE:C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and insurance company Reso-Garantia for the divestiture, the report said.…

Benzinga

Britain sanctions Russian oligarch Vladimir Potanin

Britain announced sanctions on oligarch Vladimir Potanin, known as Russia's "Nickel King" on Wednesday, describing him as Russia's second-richest man.

Reuters

As Elon Musk, Mark Zuckerberg See Wealth Evaporate In 2022, Russia's Richest Man Vladimir Potanin Adds $4B

Over $4 billion addition in the fortune of Russia's richest man Vladimir Potanin has put him among select few billionaires globally who have seen their net wealth swell this year.

Benzinga

French bank Societe Generale to sell Russia unit to oligarch

Paris (AFP) - French banking group Societe Generale said on Monday it was ceasing activities in Russia and selling its Rosbank unit to an investment firm founded by an oligarch close to the Kremlin.

AFP

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French bank Société Générale loses billions in Russian pull-out

French banking group Société Générale has announced that it is ceasing activities in Russia and selling its majority stake in the indigenous operation Rosbank, French firms have been urged to leave Russia in the wake of Moscow's invasion of neighbouring Ukraine.

Radio France Internationale

French bank Societe Generale to exit Russia

Paris (AFP) - French banking group Societe Generale said Monday it was ceasing activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of the country.

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