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”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
