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The Guardian - UK

Business

Mark Sweney and Julia Kollewe

Russia’s VTB Capital suspended from London Stock Exchange

VTB Russia London London Stock Exchange United Kingdom VTB Bank

London Stock Exchange sign — The London Stock Exchange Group said on Friday that it had suspended VTB Capital’s membership with immediate effect. Photograph: Neil Hall/EPA

A subsidiary of Russia’s second-largest bank, VTB, has been suspended from trading on the London Stock Exchange after the UK’s imposition of sanctions over Vladimir Putin’s invasion of Ukraine.

The London Stock Exchange Group said on Friday it had suspended VTB Capital’s membership with immediate effect, meaning it can no longer trade on the LSE.

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