The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Ukraine asks United States and EU to freeze all Russian bank assets

Fri, 04th Mar 2022 16:31

LVIV, Ukraine, March 4 (Reuters) - Ukraine's central bank governor, Kyrylo Shevchenko, called on the United States and the European Union on Friday to freeze the assets of all Russian banks within their jurisdiction and to suspend their access to their markets and banks.

"We urge you to take decisions that will help in the international fight against terrorist financing," Shevchenko said in a statement.

In a separate letter and a post on Facebook, Ukraine's finance minister Serhiy Marchenko urged major western banks and asset managers such as Morgan Stanley, BlackRock, HSBC, Deutsche Bank, JPMorgan and others to sever ties with Russia and Belarus.

"The fight for democracy and freedom is happening now. These are the very same values, which underpin your commitments to uphold standards of good Environmental, Social and Corporate Governance," Marchenko said in the letter dated Friday.

"I hereby appeal to you, on behalf of each Ukrainian, asking to isolate the Russian Federation and the Republic of Belarus from your operations and quit these markets." (Reporting by Natasha Zinets; additional reporting Writing by Alessandra Prentice; editing by Timothy Heritage and Jonathan Oatis)

Related Shares

More News
12 May 2024 13:25

Pfizer and AstraZeneca announce new investments of nearly $1 billion in France

PARIS, May 12 (Reuters) - Leading healthcare companies Pfizer and AstraZeneca announced on Sunday new investments in France worth a total of nearly ...

7 May 2024 11:30

JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say

HONG KONG, May 7 (Reuters) - JPMorgan Chase & Co has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with k...

3 May 2024 11:49

Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call

LONDON, May 3 (Reuters) - British retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1...

25 Apr 2024 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts ...

22 Apr 2024 11:00

U.S. stocks weekly: Rattled

Semiconductor index dives >9% for worst performance since week beginning June 27, 2022

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.