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Top Russian Bank Quits Europe, Citing Sanctions: Report

The European Central Bank had ordered the closure of Sberbank's European unit over Ukraine conflict.

Updated May 11, 2023, 7:18 p.m. Published Mar 2, 2022, 12:55 p.m.
Sberbank is dropping out of EU markets citing sanctions (Milan Jaros/Bloomberg via Getty Images)
Sberbank is dropping out of EU markets citing sanctions (Milan Jaros/Bloomberg via Getty Images)