Home / Business and Economy / Raiffeisen Denies Short-Seller Allegations
Raiffeisen Denies Short-Seller Allegations
5 Oct
Summary
- Raiffeisen Bank International's review found no evidence for short-seller claims.
- The investigation addressed allegations made by Grizzly Research LLC.
- Share price impact from the allegations is being addressed.
Raiffeisen Bank International AG announced that its internal review has found no substantiation for the allegations made by Grizzly Research LLC. This short-seller report had previously caused a downturn in the Austrian lender's stock value.
The investigation into the claims concluded that Raiffeisen has consistently acted in compliance with all regulations. This finding directly refutes the basis of the attack launched by Grizzly Research.
Raiffeisen is committed to transparency and maintaining market confidence. The bank's proactive internal review demonstrates its dedication to addressing concerns and reinforcing its operational integrity.
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