UniCredit, BNP Paribas detail hefty Russian exposures as markets rebound

Italy’s UniCredit and France’s BNP Paribas were the latest banks to set out their Russian exposures, warning of billions of euros in potential costs from the financial fallout from Moscow’s invasion of Ukraine. Banks, insurers, and asset managers have been scrambling to distance themselves from Russia and assess their exposures after Moscow was hit with … Read more