Exclusive-Austria's Raiffeisen fails in new effort to sell stake in Russia, sources say [Yahoo! Finance Canada]
RAIFFEISEN BK IN UNSP/ADR (RAIFY)
NASDAQ:AMEX Investor Relations:
rbinternational.com/ir
Company Research
Source: Yahoo! Finance Canada
VIENNA (Reuters) -Raiffeisen Bank International has failed in another attempt to sell a stake in its Russian business, two people familiar with the situation said, as Russia seeks to maintain a key financial bridge to the West. Raiffeisen's bank in Russia is the biggest lender in the country that is not subject to sanctions which have isolated local rivals, making it of critical importance for trade payments with Russia, including gas exports to Europe. Russian officials opposed a sale in part because they were concerned that a Russian buyer taking the stake could result in Western sanctions against RBI, the first person said. Both spoke on condition of anonymity due to the sensitivity of the matter. STRANDED BILLIONS Raiffeisen has been looking to sell a stake in its Russian arm to a local buyer in the hope that Moscow would lift a block on it repatriating billions in profits from the business. It is also under pressure from the U.S. and European Union to pare back activ
Show less
Read more
Impact Snapshot
Event Time:
RAIFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RAIFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RAIFY alerts
High impacting RAIFFEISEN BK IN UNSP/ADR news events
Weekly update
A roundup of the hottest topics
RAIFY
News
- Russia approves Citibank Russia sale to Renaissance Capital [Yahoo! Finance]Yahoo! Finance
- Digital Payment Update - Japan's Cashless Shift: Market Growth and Opportunities [Yahoo! Finance]Yahoo! Finance
- Raiffeisen Bank International (OTCMKTS:RAIFY) was downgraded by analysts at Barclays PLC from a "strong-buy" rating to a "hold" rating.MarketBeat