Today news
About the same in other media
Societe Generale faces €3.1bn hit on sale of Rosbank stake as it quits Russia
Reading now: 302
fnlondon.comSociete Generale is stopping banking and insurance activities in Russia, as it sells its entire stake in Rosbank and the group’s insurance subsidiaries to Interros Capital.
The deal could still take weeks, the bank said in an 11 April statement, and could result in a €3.1bn hit due to “the write-off of the net book value of the divested activities” and an “exceptional non-cash item” in accounting for the transactions.
The sale...
Read more on fnlondon.comAbout this in other media
Zelenskiy’s economic guru: ‘Germany can survive without Russian oil: I wouldn’t want my country facing the shame’ theguardian.com /2 years ago
Fresh US sanctions over Russia's war in Ukraine to hit a crypto mining firm for first time euronews.com /2 years ago
Janet Yellen Faces Challenge to Keep Pressure on Russia, While Addressing Global Consequences wsj.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
