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1. www.ft.com › content › aef419fa-c8e4-4b78-ae6b-1aeddRussian shares traded abroad plunge as sanctions trigger ...

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   Mar 2, 2022 · London-listed shares in Sberbank, Russia’s biggest lender, fell more than 90 per cent on Wednesday, while state-owned Gazprom tumbled 85 per cent and Novatek declined 96 per cent.

2. www.standard.co.uk › business › russian-stocks-crash£430billion wipeout: Russian stocks crash 98% on London ...

   www.standard.co.uk › business › russian-stocks-crash

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   Mar 2, 2022 · The slump has wiped out $572 billion (£430 billion) from the market value of 23 stocks, including Gazprom, Sberbank of Russia and Rosneft, according to Bloomberg calculations.

3. markets.businessinsider.com › news › stocksSberbank Shares Fall 95% As It Exits Europe After Huge ...

   markets.businessinsider.com › news › stocks

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   Mar 2, 2022 · Sberbank's London-listed shares plunged 95% early Wednesday after Russia's biggest bank said it was exiting the European market, given exceptional outflows of deposits and fears for its...

   • Founder: Thomas Greaney And Finanzen.Net

4. www.reuters.com › markets › fundsGetting rid of Russian assets a big problem for U.S. fund ...

   www.reuters.com › markets › funds

   Mar 1, 2022 · London-listed shares in Sberbank erased nearly all their value after the London Stock Exchange suspended trading in the global depository receipts (GDRs) of VTB, another sanctioned...

5. www.nasdaq.com › articles › analysis-getting-rid-ofANALYSIS-Getting rid of Russian assets a big problem ... - Nasdaq

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   Mar 1, 2022 · London-listed shares in Sberbank SBNCyq.L erased nearly all their value after the London Stock Exchange suspended trading in the global depository receipts (GDRs) of VTB, another...

6. www.reuters.com › markets › europeEuropean bank shares halt slide, Russia's Sberbank exits ...

   www.reuters.com › markets › europe

   Mar 2, 2022 · Sberbank operated in Austria, Croatia, Germany and Hungary, among other countries, and had European assets worth 13 billion euros ($14.4 billion) on Dec. 31, 2020. Its London depository...

7. People also ask

   Why did London-listed shares in Sberbank lose its value?

   • London-listed shares in Sberbank lost value due to the suspension of trading in the global depository receipts (GDRs) of another sanctioned Russian bank, VTB, by the London Stock Exchange. The LSE cut off trading in VTB after the Bank of New York Mellon resigned as the depositary for the shares.

   Getting rid of Russian assets a big problem for U.S. fund managers

   www.reuters.com/markets/funds/getting-rid-russian-assets-big-problem-us-fund-managers-2022-03-01/

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   What happened to Sberbank shares?

   • Sberbank 's shares on the London stock exchange plummeted by as much as 95% to $0.01 Wednesday morning, having traded at $16.12 at the start of 2022. They recovered slightly to trade at $0.02 at last check. The bank's depository receipts — certificates representing shares — are listed in London, although its main stock listing is in Moscow.

   Sberbank Shares Fall 95% As It Exits Europe After Huge Outflow of Cash

   markets.businessinsider.com/news/stocks/sberbank-russia-banks-finance-financial-institutions-sanctions-ukraine-russia-stocks-2022-3

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   Why is Sberbank dropping its London listing?

   • (Reuters) - Russia's largest lender Sberbank, which has been hit by Western sanctions, plans to drop its listing in London after its depositary terminated an agreement with it, the bank said on Tuesday.

   Russia's Sberbank plans to drop its London listing

   finance.yahoo.com/news/russias-sberbank-plans-drop-london-183508901.html

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   Why did Sberbank stock plunge 95%?

   • By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time. Sberbank's London-listed shares plunged 95% early Wednesday after Russia's biggest bank said it was exiting the European market, given exceptional outflows of deposits and fears for its staff.

   Sberbank Shares Fall 95% As It Exits Europe After Huge Outflow of Cash

   markets.businessinsider.com/news/stocks/sberbank-russia-banks-finance-financial-institutions-sanctions-ukraine-russia-stocks-2022-3

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   Why did Sberbank withdraw from Europe?

   • Sberbank said Wednesday it is withdrawing from Europe, where its subsidiaries faced an "exceptional outflow of funds." The ECB ordered Russia's largest lender to close the businesses due to the risk of failure, the Austrian regulator said. Its London-listed shares plummeted 95% and are now worth less than 1 penny, as the Russian invasion persists.

   Sberbank Shares Fall 95% As It Exits Europe After Huge Outflow of Cash

   markets.businessinsider.com/news/stocks/sberbank-russia-banks-finance-financial-institutions-sanctions-ukraine-russia-stocks-2022-3

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   Why did European Bank shares halt a slide?

   • FRANKFURT/LONDON, March 2 (Reuters) - European bank shares halted their slide on Wednesday after dropping to their lowest level in nearly 11 months on fallout from the Ukraine crisis, which has forced the European arm of Russia's Sberbank (SBER.MM) to close.

   European bank shares halt slide, Russia's Sberbank exits Europe

   www.reuters.com/markets/europe/european-bank-shares-volatile-russias-sberbank-exits-europe-2022-03-02/

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8. finance.yahoo.com › news › russias-sberbank-plansRussia's Sberbank plans to drop its London listing

   finance.yahoo.com › news › russias-sberbank-plans

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   May 17, 2022 · (Reuters) - Russia's largest lender Sberbank, which has been hit by Western sanctions, plans to drop its listing in London after its depositary terminated an agreement with it, the bank said on...