Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5...
If the President Joe Biden administration gets its way, the latest economic sanction against Russia for invading Ukraine will be a disruption of its cryptocurrency...
War is waged with tanks, bullets and air attacks — and also with banks as battlefields, interest rates as weapons of economic mass destruction. A...
The home country of FinTech companies such as Revolut or the account-to-account payment platform Kevin recently declared a state of emergency in response to Russia´s...
Senior management and compliance teams at major banks have been working vigilantly to understand the new sanctions imposed on Russia, Reuters reported Sunday (Feb. 27)....
Alphabet’s Google on Saturday (Feb. 26) banned Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, Reuters reported....
In Moscow and other Russian cities, people are trying to get cash, both in rubles and dollars, due to fears of a fiscal crash following...
As reports of military action and casualties mount following Russia’s invasion of Ukraine, a parallel ‘financial war’ is also escalating that is aimed at isolating Moscow through a growing...
In today’s top Europe, Middle East and Africa (EMEA) news, Russia’s financial services were further handicapped when the National Bank of Ukraine revoked the licenses...