LONDON (Reuters) - Banks, index providers and dealing platforms are trying to distance themselves from a group of Russian companies targeted by the latest U.S Treasury Department sanctions.
The measures give U.S. investors until May 7 to divest any stocks, bonds or other holdings in targeted firms while also barring them from business dealings with the sanctioned companies and individuals after that date.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!