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With No Buyers, Citigroup To Wind Down Operations In Russia - Cna
NEW YORK: Citigroup will wind down its consumer banking and commercial lending operations in Russia after months of looking for a buyer with Russia increasingly isolated from the Western financial world. Citigroup said in spring 2021 that it planned to exit Russia, long before it invaded Ukraine and triggered massive sanctions. The invasion has made the sale increasingly difficult. While no major US bank had a substantial presence in Russia, Citigroup was among the largest. Full investment news article
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Ar Glasses Maker Nreal Raises $15M In Funding From Iicombined
Augmented reality glasses maker Nreal raised $15 million in funding as it expands its reach across the globe. : Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today. Nreal, a maker of augmented reality glasses, has raised $15 million in a funding round led by Gentle Monster parent firm IICombined. Beijing-based Nreal is one of the few companies still standing from the … Full investment news article
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