Russia risk is ghost of banks’ sanctions future - GinaChon -
The U.S. government on April 6 expanded restrictions on Russia’s Sberbank by imposing full blocking sanctions, which essentially cuts off the Russian lender from the U.S. financial system. The country’s largest private lender, Alfa Bank, was also added to that special designation list. President Joe Biden also banned new investments in Russia.Plastic letters arranged to read"Sanctions" are placed in front the flag colors of U.S. and Russia in this illustration taken February 28, 2022.
Dado Ruvic/Illustration - RC24TS9C5JAB
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