Russian banks

Two major crypto exchanges still allow customers of sanctioned Russian banks to transact on their platforms, according to a report from digital asset data analytics firm Inca Digital. Huobi and KuCoin enable people to trade crypto using…

1. Slap on the wrist? Over the past seven weeks, more than 40 countries have announced punitive measures against Russian banks, companies, and key individuals. With more than 6,900 new restrictions, Russia is now the…

Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies' depositary receipts from foreign exchanges, according to two people familiar with the…

With his demand for payments in the Russian currency, Vladimir Putin has dealt a surprise blow to Western countries still using large volumes of Russian gas for their energy needs. The measure would apply to a total of 48 country's deemed…

The economic sanctions imposed by the US, UK, and the EU on Russia for going to war against Ukraine could prove to be detrimental to the country. These sanctions can range from export restrictions to trade embargos and seizure…

New York: MMastercard and Visa are suspending their operations in Russia, the companies have said, in the latest blow to the country's financial system after its invasion of Ukraine. Mastercard Saturday said cards issued by Russian banks…

On March 2, the EU prohibited certain Russian banks from accessing the SWIFT financial messaging system in view of Russia's "unprovoked and unjustified military aggression against Ukraine". On March 2, the EU prohibited certain Russian…

The United States and its allies on Saturday moved to block certain Russian banks' access to the SWIFT international payment system in further punishment of Moscow as it continues its military assault against Ukraine. The measures, which…

As soon as Russia unleashed its huge assault on Ukraineon Thursday morning, speculation mounted over how the US, the EU and the Western alliance would respond in terms of sanctions. A wave of sanctions had already been announced on…

MOSCOW/DONETSK/WASHINGTON : US President Joe Biden announced on Tuesday new sanctions in retaliation for Russia recognising two breakaway regions of Ukraine and sending troops there, adding to Western efforts to…