Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

AML, Banking, EU/Europe, Regulatory, Schuman

NEWS: US authorities raise ML concerns about Raiffeisen Bank’s plans to spin off Russian arm

NEWS: Washington pressures Austria's Raiffeisen to drop Russian tycoon deal, sources say

AUSTRIA’s Raiffeisen Bank International (RBI) is stepping up moves to hand its money-spinning Russian arm to shareholders, three people familiar with the matter said, amid mounting pressure to cut its ties to Moscow. The spin-off is designed to maintain Vienna’s banking ties with Russia, while insulating Raiffeisen from the reputational fallout of war in Ukraine….

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!