Raiffeisen falls after Grizzly Research short report

Raiffeisen Bank International AG

17/09/2026 09:22

** Raiffeisen RBIV.VI shares fall 7.4% after Grizzly Research said it has taken a short position on the Austrian lender
** Grizzly, a US-based activist short-selling firm, said in a report that its findings point towards "a previously unknown dependence of RBI on its Russia business" 
** "We stand by the strength of our compliance systems, which have been reviewed many times - both prior to and since the start of the full scale invasion," RBI says in a statement
**  The bank says it sees a number of "factual wrong and misleading statements" in the report
** The company's stock is on track for its worst day since February 2025
** Year-to-date, the stock is up 56.9%

(Reporting by Tristan Veyet)
((Tristan.veyet@thomsonreuters.com))