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The Latest Breaking News from Gazprombank

Ukraine war briefing: Lavrov accused of ‘trying to rebuild the Russian empire’

Ukraine and west hit out at Russian foreign minister in Malta; sanctions force Putin to scrap Gazprombank monopoly. What we know on day 1,017

The Guardian - AU

Russian rouble collapse exposes deep problems in the country’s economy

The Russian rouble dropped to 110 against the US dollar on November 27, its lowest level since the start of the war in Ukraine. It has since rallied slightly, but the rouble is still down by 8% against the dollar over the past month. This is not a one-off event;…

The Conversation

The ruble's in a slump. For the Kremlin, that's a two-edged sword

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other

The Independent UK

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Russia’s rouble plunges to lowest rate since early weeks of Ukraine war

Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third largest bank

The Guardian - UK

US Imposes Sanctions On Russia's Gazprombank And Subsidiaries

US sanctions target Gazprombank and Russian entities to hinder military funding and evade sanctions. Europe diversifies energy sources amid Russian gas cutoff.

Top News

The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war

Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday

The Independent UK

London fintech SteadyPay's Russian ties

If you’re raising funds for a fintech start-up, where better to turn than the former boss of a Russian bank and the ex-finance director of a sports betting firm sanctioned by Ukraine?

Evening Standard

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As world leaders meet, Ukraine urges allies to be bolder on Russia sanctions

Ukraine wants its allies to be bolder in imposing sanctions on Russia, including by targeting banks that provide financial services to serving soldiers, a senior adviser told Reuters.

Reuters

Top Russian energy boss mysteriously found dead after being arrested ‘for taking bribe’

Igor Shkurko, deputy general director of firm Yakutskenergo, had been detained over bribery allegations but the day after he issued an appeal was found dead in his cell

Daily Mirror

Swiss court convicts four bankers over Putin cellist funds

Zurich (AFP) - Four bankers from a Russian bank's Swiss branch have been found guilty by a Zurich court over vast sums going into the accounts of a close confidant of President Vladimir Putin.

AFP

Swiss bankers accused of lax control of Putin pal's accounts

Four former bankers with the now-shuttered Swiss affiliate of a major Russian bank have gone on trial over allegations that they didn’t properly check accounts opened in the name of a Russian cellist with longtime ties to President Vladimir Putin

The Independent UK

Bankers on trial in Zurich accused of aiding man known as ‘Putin’s wallet’

Four Gazprombank executives accused of ‘due diligence’ failure in helping Sergey Roldugin deposit millions of Swiss francs

The Guardian - UK

Swiss case accuses bankers of hiding Putin's wealth

Putin's critics speculate that Russia's president could be among the world's wealthiest people.

Fortune

Analysis-Washington pushes for harsher action against banks with Russia ties

The United States could sanction more banks with links to Russia and will step up enforcement against any dodging existing rules, a senior U.S. official told Reuters, as Western powers seek to reinvigorate efforts to isolate Moscow.

Reuters

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The New Daily

Why are so many Putin critics tumbling out of high-storey windows?

Police are investigating the strange circumstances surrounding the death of Russian tycoon, Pavel Antov, who criticised the war in Ukraine.

Evening Standard

Seven powerful Russian figures who have died since Vladimir Putin launched Ukraine invasion

A seventh Russian businessman died on Thursday after reportedly falling from his hospital window

The Guardian - UK

The curious case of the Russian JCB dealer and the millionaire

Questions have arisen over sales of the British diggers in Russia after sanctions over the war in Ukraine descended

The Independent UK

Mystery as fifth Russian Gazprom-linked executive found dead in his swimming pool

Yury Voronov, head of a company that held Gazprom contracts, died from a gun shot wound to the head

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The Guardian - UK

‘I could not be part of this crime’: the Russians fighting for Ukraine

Igor Volobuyev joined a legion of Russians hoping to defeat their homeland and maybe effect regime change

Daily Mirror

Seven Vladimir Putin-linked oligarchs who've mysteriously died amid Ukraine war

Billionaire oligarch Alexander Subbotin, 43, who runs Kremlin-linked energy giant Lukoil, was found dead after employing the services of so-called spirit healers Magua Flores and Tina Cordoba - who is said to have treated him by placing toad venom under his skin

The Guardian - UK

‘I’m never going back’: the high-profile Russian defectors rejecting war

Gazprombank’s Igor Volobuyev and diplomat Boris Bondarev are among the Russian elite to oppose Putin’s invasion of Ukraine

Tribune News Service

EU drafts plan for buying Russian gas without breaking sanctions

The European Union is set to offer its gas importers a solution to avoid a breach of sanctions when buying fuel from Russia and still effectively satisfy President Vladimir Putin’s demands over payment in rubles.

Los Angeles Times

Group of Seven issues new sanctions against Russia over Ukraine invasion

WASHINGTON — The U.S., European Union and Group of Seven leaders on Sunday unveiled a fresh round of sanctions targeting Russia’s industrial sector, state-controlled media and Russian and Belarusian finance executives from major banks including Russia’s Gazprombank.

Al Jazeera

Russia-Ukraine war: G7 leaders pledge to further isolate Moscow

Latest show of support for Ukraine comes as Russia prepares to celebrate the defeat of Nazi Germany during World War II.

Reuters

U.S. imposes sanctions on 27 Gazprombank executives, Russian TV stations

The United States on Sunday unveiled sanctions against three Russian television stations, banned Americans from providing accounting and consulting services to Russians, and sanctioned executives from Gazprombank to punish Moscow for its invasion of Ukraine.

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