Promsvyazbank

Explainer: Disconnecting Russia’s banks: Sberbank faces SWIFT removal

The European Union aims to cut off SberbankĀ (SBER.MM), Russia's largest lender, from the SWIFT international payment system as Western allies…

4 years ago

Explainer: Russian banks isolated, UK cuts insurance ties with Moscow

Britain will ban Russian companies from London's multi-billion dollar aviation and space insurance market, the latest restrictions Western allies are…

4 years ago

Explainer: Western sanctions on banks only scratch surface of Fortress Russia

The United States, the European Union and Britain announced new sanctions on Russia on Tuesday after Moscow's recognition of two…

4 years ago