PARIS (Reuters) - Shares in Societe Generale (OTC:SCGLY), the French bank that owns Russia's Rosbank, and carmaker Renault (PA:RENA) slumped on Monday after Western nations imposed sanctions on Russia after its attack on Ukraine.
SocGen shares were down 6.5% in early trading while Renault, which controls Russian carmaker Avtovaz, fell 6.4%.
Russia's political and economic isolation deepened on Monday as its forces met stiff resistance in Ukraine's capital and other cities in the biggest assault on a European state since World War Two.