The content originally appeared on: CNN New York (CNN)In a significant reversal, Deutsche Bank announced Friday it is planning to shut down its business in Russia. The shift comes just a day after Deutsche Bank (DB) told CNBC it wasn't 'practical' to leave Russia, a source of legal troubles in the past for Germany's largest lender. Russia owes Western banks $120 billion. They won't get it back 'Like some international peers and in line with our legal and regulatory obligations, […]
