SNB keeps close eye ecb Matthias Geissbühler raiffeisen


Austrian bank Raiffeisen Bank International is under increased scrutiny by the SNB after it revealed its ties to Russia. The European branch of VTB is part of the same group of banks. The ECB has taken measures to protect the eurozone’s financial system, including making banks report liquidity more frequently and updating supervisors in Frankfurt. The measures intensified as Russia invaded Ukraine last week, and supervisors were in regular contact with the banks.