Article
Russia bans 45 foreign-owned banks or banking units from selling their shares
Russia bans dealing in capital of 45 foreign-owned banks or banking units, 26 October 2022
Russia...banned dealings in the shares or share capital of 45 banks or banking units, all either owned by parties in countries that Russia terms "unfriendly" or owned through foreign capital.
Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February. Moscow retaliated with obstacles for Western businesses and their allies leaving Russia, and in some cases seized their assets...
The list, published on Wednesday, included Russian units of Intesa, Credit Suisse, Raiffeisen, Citi, OTP bank and UniCredit Bank, as well as the Russian Yandex-Bank and Ozon-Bank...