Raiffeisen shares plunge more than 8% after sanctions-evasion allegations

Shares of Austria’s Raiffeisen Bank International (RBI) fell more than 8% in Thursday trading in Vienna on September 17. At one point the drop reached nearly 9%. By midday the stock was trading around €59.6–€59.8. The sell-off followed a report published by U.S. investment fund Grizzly Research. The fund said...