ECB says Sberbank likely to fail; Germany drops Russia issuers
FRANKFURT, Feb 28 (Reuters) - The European Central Bank on Monday warned that Sberbank Europe, a subsidiary of Russia's Sberbank (SBER.MM), and two other subsidiaries under its watch "are failing or likely to fail", in an indication of the fallout of the latest sanctions on Russia.
https://www.reuters.com/markets/europe/european-banks-set-open-lower-after-raft-fresh-sanctions-2022-02-28/?taid=621c9746af8d2b000157164f&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter
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