Deutsche Bank has moved more than half of its employees and their families who remained in Russia to Germany, the Financial Times reports, citing sources at the bank.
In total, about two thousand people moved to Berlin, the media specified. The bank called this step “an ordinary relocation of personnel, albeit on a larger scale than usual,” emphasizing that Deutsche Bank employees officially emigrated in compliance with Russian law.
Referring to the information of one of the top managers of the bank, the FT writes that the emigrated programmers were forced to undergo a difficult test.
In March, Deutsche Bank, one of the largest banks in Germany, against the backdrop of events in Ukraine, announced the closure of the remaining business in Russia and the refusal to participate in new projects in Russia. In April, a German financial institution disabled the euro accounts of several Russian banks.
Anti-Russian sanctions
Western countries stepped up sanctions pressure on Moscow after the start of a special operation to denazify and demilitarize Ukraine. First of all, restrictive measures affected the banking sector and the supply of high-tech products. The Kremlin called these measures an economic war, the likes of which have not yet been, but stressed that they were ready for such a development of events.
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