Thursday, 3 March 2022

Reuters Global Investor: Ukraine's banking system remains resilient despite war, says central bank governor

Ukraine's banking system remains resilient despite war, says central bank governor

Ukraine's central bank governor Kyrylo Shevchenko said on Thursday the Ukrainian banking and financial system remained resilient amid Russia's invasion and had been boosted by international financial support amounting to around $15 billion.

Crypto exchange Binance says will not accept cards of sanctioned Russian banks

Cryptocurrency exchange Binance on Thursday said cardholders of sanctioned Russian banks would not be able to use them on their platform and confirmed that sanctioned individuals have had their access restricted.

EU considering SWIFT exclusion for Belarus banks - official

The European Union is considering excluding banks in Belarus from the SWIFT messaging system that underpins the global financial transactions, as it has already done for seven Russian banks, an EU official said on Thursday.

London Stock Exchange says Russian sanctions will have minimal impact

The London Stock Exchange Group said on Thursday that applying financial sanctions on Russia following Moscow's invasion of Ukraine would have only a minor impact on its business as it suspended more Russian listings.

Third time lucky? Why Banco BPM appeals to UniCredit CEO

Italy's third-largest bank Banco BPM has occupied a special place on the wish list of Andrea Orcel since the veteran dealmaker took the reins at UniCredit last April, several sources have said.

New York Fed's Logan says staff will carefully monitor money markets

The Federal Reserve's nearly $9 trillion balance sheet has more room to decline than it did the last time the central bank shrank its holdings and policymakers will still watch money markets closely, a senior bank official said on Wednesday.

EU bars 7 Russian banks from SWIFT, but spares those in energy

The European Union said on Wednesday it was excluding seven Russian banks from the SWIFT messaging system, but stopped short of including those handling energy payments, in the latest sanctions imposed on Russia over its invasion of Ukraine.

Wells Fargo's head of communications, branding leaving bank

Wells Fargo & Co's head of communications and brand management, Barri Rafferty, is leaving the bank in May, a spokesperson confirmed on Wednesday.

Russia to suspend budget rules on oil and gas revenues - fin min

Russia is to suspend some budget rules relating to the use of extra oil and gas budget revenues in 2022, the finance ministry said in a statement on Wednesday.

Moscow Exchange won't resume stock trading on Thursday - c.bank

Trading on Moscow Exchange's stock section will remain largely closed on Thursday although a limited range of operations will be available, the central bank said in a statement.

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