Russia Bans Payments to Foreigners Holding Rouble Bonds, Shares
MOSCOW—Foreign investors are effectively stuck with their holdings of Russian stocks and rouble-denominated bonds after the central bank ...
Source: theepochtimes.com
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Russia's Sberbank in Europe faces closure after savers demand money
FRANKFURT (Reuters) - European banks and other financial firms were set to open lower on Monday after sanctions and other measures in retaliation of Russia's invasion of Ukraine upended the way they do business.
Source: fxempire.com
Euroclear says stops settling Russian domestic securities
LONDON (Reuters) - Euroclear said is has closed its link to rival settlement house Clearstream Banking for settling trades in Russian securities in response to European Union financial sanctions.
Source: fxempire.com
US cuts off Russian central bank and sanctions state investment funds
The move was described as the most 'significant action' that Treasury has taken against an economy of Russia's size, according to a senior administration official speaking on condition of anonymity.
Source: dailymail.co.uk
Europe starts severing Russian securities from financial system
LONDON — Europe’s financial market on Monday began severing Russia’s ties to its critical plumbing for trading and settling securities as sanctions on Moscow…
Source: financialpost.com