The boss of UniCredit's Bank Austria said its profitability in Russia - which accounts for a quarter of its earnings - could fall if the economic situation there worsened due to the Ukraine crisis. The United States and European Union have imposed sanctions on Russia in response to its annexation of Crimea and involvement in eastern Ukraine.
Russia's War Against Ukraine
Reuters: Bank Austria says profitability in Russia could suffer if crisis deepens
UniCredit's Bank Austria profitability in Russia could fall if the economic situation.
