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Deutsche Bank to Exit Russia, Says There Will Be No New Business There


Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia


Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...

Western Union Suspends Operations in Russia, Belarus Over Ukraine War


Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western...

Ukraine War and the Financial Markets: the Winners and Losers So Far


  Gabriella Legrenzi, Senior Lecturer in Economics, Keele University; Reinhold Heinlein, Senior Lecturer in Economics, the University of the West of England, and Scott Mahadeo, Senior Lecturer in Macroeconomics, the University of Portsmouth.______ ... Read More: Ukraine War and the Financial...

Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies


The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment...

Flexible, Powerful DataGrad from Sencha (Sponsored)


Many of the web functionalities that we rely on once lived within individual desktop applications. From office suites, games, and financial tools, all of them are now web applications; they’re just as feature packed as their desktop counterparts. In the past I’ve used a variety...

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