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SocGen’s Russian Exit Raises Pressure on Other Banks to Act

SocGen’s Russian Exit Raises Pressure on Other Banks to Act

by Starling Insights

Starling Insights Editorial Board

Observations

Until recently there were three European banks with significant exposure to Russia: UniCredit, Raiffeisen, and Société Générale. Société Générale's recently announced its exit, increasing the pressure on peers to follow suit.

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