Deutsche Bank Reverses Course on Russia, Says It Is Unwinding Business There After Ukraine Invasion

Deutsche Bank said Friday that it was winding down its operations in Russia, one day after its chief financial officer said"Like some international peers and in line with our legal regulatory obligations, we are in the process of winding down

our remaining business in Russia while we help our non-Russian multinational clients in reducing their operations," Dylan Riddle, a U.S.-based spokesman for the German bank, said in an email.This story is developing. Please check back for updates.

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Deutsche Bank to wind down Russia business: live updatesUkraine says 'zero progress' in talks, pushes back at Putin: live updates. There is a lot going on out there so check here for the latest news on how the conflict is affecting markets, businesses and the economy. — via financialpost finance
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Goldman Sachs Shutters Russia Business, First Major Wall Street Bank to Leave After Ukraine WarThe move is the latest sign of Russia’s increasing isolation in the third week of President Vladimir Putin’s campaign to overthrow the government of Ukraine.
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