Ukraine conflict: Russia doubles interest rate after rouble slumps
The Russian currency plummeted 30% against the US dollar after Western countries imposed new sanctions. …
Sberbank Europe AG, which had total assets of €13.64bn (£11.4bn) at the end of last year, along with its Croatian and Slovenian units, suffered a rapid deposit outflow in recent days and is likely to fail to pay its debts or other liabilities, the ECB, which is the lenders’ supervisor, said.
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