Skip to content
Edit post

Reuters: British HSBC bank in talks to sell its Russian lending unit

by The Kyiv Independent news desk July 7, 2022 7:41 AM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

London-based HSBC Holdings is in talks to sell its Russian unit to local lender Expobank, Reuters reports citing a source with knowledge of the matter. HSBC's corporate lending business employed around 200 people on the eve of the Feb. 24 invasion, according to HSBC's Chief Financial Officer Ewen Stevenson.

News Feed

11:14 PM

Romania denies downing Russian drones over Ukraine.

Videos on social media that purport to show Romanian air defense units shooting down Russian attack drones above Ukraine are spreading a false narrative, Romania's Defense Ministry said in a statement on July 26.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
3:38 PM

Russian ex-deputy defense minister arrested on corruption charges.

In his previous position, former Russian Deputy Defense Minister Dmitry Bulgakov was in charge of the military's logistics chains during the full-scale invasion of Ukraine. His dismissal was widely seen as a response to the logistic failures that accompanied the early months of Russia's all-out war.
11:31 AM

Сeasefire would leave 25% of Ukraine under Russian control, ambassador says.

"Many countries have proposed the idea of a ceasefire, but no one thinks about what it means. Some 25% of Ukrainian territory would remain under Russian control, which means buying time for Russia to strengthen its capabilities and resume its attacks on Ukraine," Ambassador of Ukraine to Turkey Vasyl Bodnar said.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.