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Deutsche Bank shuts down business in Russia, a day after its refusal
short by Ridham Gambhir / on Saturday, 12 March, 2022
Deutsche Bank has decided to suspend its operations in Russia over the Ukraine war, a day after it had refused to do so. Stating that there won't be any new business in Russia, Germany's largest bank said, "We're in the process of winding down our remaining business in Russia while we help our non-Russian multinational clients in reducing their operations."
read more at Reuters