 | | | | The Russian central bank, which raised its key rate to 20% in an emergency move, did not carry out foreign currency interventions on Monday due to the latest Western sanctions, Central Bank Governor Elvira Nabiullina. | | | | | | Canada's second largest lender Toronto-Dominion Bank Group will buy First Horizon Corp in an all-cash deal for $13.4 billion to expand its footprint in the United States, the banks said on Monday. | | | | | | Citigroup Inc said on Monday its total exposure to Russian assets was $5.4 billion at the end of December, compared with $5.5 billion at the end of September. | | | | | | Visa Inc , the world's largest payment processor, will partner with payment and financing firm Tribal to expand its offerings for small-and-medium-sized businesses in Latin America and the Caribbean, Tribal said on Monday. | | | | | | British bank HSBC is beginning to wind down relations with a host of Russian banks including the second-largest, VTB, according to a memo seen by Reuters, as financial institutions start to implement restrictions on Russia. | | | | | | Russia's dominant lender Sberbank on Monday said it had opened an additional reserve line for its subsidiary banks in Belarus and Kazakhstan, as it grapples with sanctions and the fallout from Russia's invasion of Ukraine. | | | | | | The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency move, and authorities told export-focused companies to sell foreign currency as the rouble tumbled to record lows. | | | | | | Austria's Financial Market Authority (FMA) has imposed a moratorium on Sberbank Europe AG, a unit of Russia's Sberbank , with immediate effect until March 1, 2022, 11:59 pm, the watchdog said on Monday. | | | | | | Russia's central bank confirmed on Monday it has ordered brokers to suspend the execution of all orders by foreign legal entities and individuals to sell Russian securities. | | | | | | Russia's central bank on Sunday said it would resume buying gold on the domestic market from Feb. 28, as it undertakes measures to try and ensure financial stability during Western sanctions against Moscow for its invasion of Ukraine. | | | | | |
