Russian President Vladimir Putin has granted American Express Co. the right to „voluntary liquidate” its Russian business, according to a decree published on the official website, Reuters reports.
It is not specified in the decree how and when exactly the „liquidation” process will take place.
The future of American Express in Russia has been uncertain since March 2022, when the company suspended all operations in the country following other Western corporations in response to Moscow’s invasion of Ukraine.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
