Grizzly Research alleges Raiffeisen Bank aided $1B Russia sanctions evasion

Short-seller Grizzly Research claims Raiffeisen Bank International facilitated over $1 billion in Russian trade to bypass Western sanctions, per The Moscow Times. The allegation, if corroborated, would mark a significant sanctions-compliance breach by a major European lender and could trigger regulatory scrutiny and reputational damage. The claim is unverified and likely based on circumstantial evidence, but it aligns with ongoing concerns about Western banks' Russia exposure.