Raiffeisen Bank International: Recent Developments Support The Bear Case (OTCMKTS:RAIFF)

SlavkoSereda/iStock Editorial via Getty Images In a previous article discussing Raiffeisen Bank International AG (OTCPK:RAIFF; OTCPK:RAIFY), I identified two main risks: the bank’s significant reliance on its Russian subsidiary and its exposure to Signa Group. There have been further negative developments both at Signa (kindly note, that following, unless otherwise stated, “Signa” refers to the…

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