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This bank is selling its Russian subsidiary to an oligarch

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The major French bank Societe Generale is separating from its Russian business. The daughter Rosbank goes back to her former owner. The Société Générale (SocGen) has to accept a write-off of billions because of the withdrawal from Russia, as the major French bank announced on Monday . With the sale,…

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Click here to read the full story: Finews.ch

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