Raiffeisen Shares Fell 8% After Being Accused of Helping Russia Circumvent Sanctions
11 Articles
11 Articles
Raiffeisen Slumps as Grizzly Research Alleges Russia Trades
Shares of Raiffeisen Bank International AG tumbled after Grizzly Research LLC said it’s shorting the bank, citing research showing the lender is exposed to trade involving Russian goods that are subject to import and export restrictions.
Raiffeisen shares fell 8% after being accused of helping Russia circumvent sanctions
Raiffeisen shares fell 8% after being accused of helping Russia circumvent sanctions.Today, the American investment company Grizzly Research published a report on Raiffeisen's participation in helping circumvent sanctions and trade operations with...
The US empty seller Grizzly Research accuses Raiffeisen Bank International of misconduct related to its Russian daughter.
Raiffeisen Bank International (RBI) shares fell nearly 9 percent on Thursday morning and are currently down -7.9% after short seller Grizzly Research announced that it had taken a short position on the Austrian bank's shares.
Raiffeisen Bank International is involved in sanctions violations through a subsidiary, claims Shortseller Grizzly Research.
The investor activists from Grizzly Research published an investigation into the work of Ryffaisenbank in the Russian Federation. After studying customs records for the years 2022-2025, they discovered trade transactions of $1.19 billion with goods subject to Western sanctions and export restrictions. The Austrian Bank, as stated in Grizzly Research, "is a key channel for circumventing sanctions in Russia's military economy." . .Details. About $…
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