banks

Clients with ‘Russian sounding’ names sue French banks

A total of 76 French residents with Russian or “Slavic-sounding” names have filed a complaint against a number of banks…

2 years ago

Ukraine to seek war-crime charges against Western banks

The leaders of Western banks such as JPMorgan Chase, Citigroup and HSBC are committing war crimes by continuing to indirectly…

2 years ago

Ukraine threatens Western banks with legal action

Major global banks, including JPMorgan Chase, HSBC, Citigroup and Credit Agricole, are “committing war crimes” by financing companies that ship…

2 years ago

German banks prepare for energy-related defaults – Bloomberg

Banks in Germany are expected to put aside extra funds to be able to tackle a potential spike in defaults…

2 years ago

US allows energy transactions with sanctioned Russian banks

The US Treasury Department on Tuesday issued a general license authorizing energy-related transactions with sanctioned Russian banks through December 5.…

2 years ago

Britain bolsters food banks amid growing insecurity

Three out of four UK consumers now have “major future concerns” about the cost of food, the country's Food Standards…

2 years ago

Western banks eyeing asset swaps to exit Russia – media

In an attempt to escape hefty write-downs on operations in Russia due to their exit from the sanction-hit country, UniCredit…

2 years ago

Ukraine to seize Russian banks

Kiev authorities will forcibly seize the assets of major Russian banks in the country, Sberbank and VEB, media report citing…

2 years ago

European banks reveal cost of Russia exit

The need to write down assets as well as setting aside cash to shield against the expected economic ramifications of…

2 years ago

Major Russian banks hit by sanctions

The US expanded full blocking sanctions on Wednesday against Russia’s state lender Sberbank and one of the country’s largest private…

2 years ago