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German industrial giant sells Russian business – official

Henkel has announced that it has completed the sale of its assets to a consortium of local investors German consumer goods giant Henkel AG has finalized the sale of its business in Russia to a consortium of local financial investors for 54 billion rubles ($690 million), the group announced on Thursday.

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Ukraine labels EU bank ‘sponsor of war’

The Ukrainian National Corruption Prevention Agency (NCPA) has designated Hungary’s OTP Bank an “international sponsor of war” due to the preferential lending terms the bank was allegedly providing to the Russian military, the agency claimed on Thursday.

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Almost half of Americans fear their money is unsafe in banks – poll

Conducted a month after two major bank failures, the survey results resemble the aftermath of the Lehman Brothers’ collapse Nearly half (48%) of Americans are concerned about the safety of their bank deposits, according to a Gallup poll conducted a month after the collapse of Silicon Valley Bank and Signature Bank and published on Thursday.

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