{"id":80877,"date":"2022-03-03T00:47:38","date_gmt":"2022-03-03T05:47:38","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80877"},"modified":"2022-03-03T00:52:00","modified_gmt":"2022-03-03T05:52:00","slug":"russias-sberbank-collapses-95-on-london-stock-exchange-as-it-exits-europe","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2022\/russias-sberbank-collapses-95-on-london-stock-exchange-as-it-exits-europe.html","title":{"rendered":"Russia\u2019s Sberbank collapses 95% on London Stock Exchange as it Exits Europe"},"content":{"rendered":"\n<p>(CNBC) Shares of Russia\u2019s <a href=\"https:\/\/www.cnbc.com\/quotes\/SBER-GB\">Sberbank<\/a> plunged 95% on the London Stock Exchange on Wednesday to <a rel=\"noreferrer noopener\" href=\"https:\/\/www.londonstockexchange.com\/stock\/SBER\/sberbank-of-russia\/company-page\" target=\"_blank\">trade as low as a penny<\/a> after the bank announced that it was pulling out of the European market. Russia\u2019s largest lender said its European subsidiaries had experienced \u201cabnormal cash outflows\u201d and expressed concern for the safety of its employees and properties. The European Central Bank ordered the closure of Sberbank\u2019s European arm, <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/03\/02\/russias-sberbank-collapses-95percent-on-london-exchange-as-it-exits-europe.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of Russia\u2019s Sberbank plunged 95% on the London Stock Exchange on Wednesday to trade as low as a penny after the bank announced that it was pulling out of the European market. Russia\u2019s largest lender said its European [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80877","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80877"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80877\/revisions"}],"predecessor-version":[{"id":80878,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80877\/revisions\/80878"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}