The Latest Breaking News from Sberbank

New measures are primarily intended to close loopholes in existing sanctions and to tighten the noose around Russian economy

The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and Russian President Vladimir Putin.

The European Union's chief executive on Wednesday proposed a phased oil embargo on Russia over its war in Ukraine, as well as sanctioning Russia's top bank and banning Russian broadcasters from European airwaves, in a bid to deepen Moscow's isolation. The plan, if agreed by EU governments, would mark a…

The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting Moscow's oil industry, more Russian banks and those responsible for disinformation, the EU's top diplomat said on Tuesday. "We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation…

A Russian news outlet says China's credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its attack on Ukraine

Ursula von der Leyen says she doesn’t distinguish between heavy and light arms and suggests Sberbank could face sanctions

Russia has told Ukrainian soldiers in southern city to surrender as Ukraine president laments ‘inhuman’ situation there

Mariupol forces defy Russian demand for surrender, as European Commission chief urges fast supply of arms to Ukraine

Hungary and Austria questioned an EU decision to blacklist two Russian oligarchs but eventually accepted the move after pressure from other governments, European Union diplomats and officials said.