Siegfried Eggert, CEO of Grizzly Research, discusses the short seller’s report on Raiffeisen Bank International (RBI), which alleges that the bank was involved in activity that helped evade sanctions. A spokesperson from RBI told CNBC: “We stand by the strength of our compliance systems, which have been reviewed many times – both prior to and since the start of the full scale invasion.” They added that there are “a number of factual wrong and misleading statements.”Read More
