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The Latest Breaking News from Sberbank

Cost of living crisis hitting economic outlook as firms hike prices – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Mar 24, 2022

Russia's Sberbank, Facing Global Sanctions, Gets Central Bank License To Issue Digital Assets

Major Russian lender Sberbank (OTC: SBRCY) said on Thursday it had received a central bank license to issue and exchange digital financial assets on its platform.

Benzinga · Mar 18, 2022

Edinburgh University to 'urgently' sell £1m stake in Russia's largest bank

The capital's oldest university came under fire for its holding in Russian national bank Sberbank but will now instruct fund managers to divest their holding in the heavily sanctioned firm

Edinburgh Live · Mar 14, 2022

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South Lanarkshire's Labour group pushes for review of pension fund's investment in Russian bank

Over £16m of the pension fund is tied up in the sanction-hit Russian bank and the group want investments to be reviewed

Daily Record · Mar 12, 2022

Russian banks turn to China as Visa, Mastercard cut business

Sberbank PJSC said it’s looking at the possibility of issuing cards using Russian payments system Mir and China’s UnionPay after Visa Inc. and Mastercard Inc. suspended operations following the invasion of Ukraine.

Tribune News Service · Mar 7, 2022

Edinburgh University to 'review investments' amid £1m link to Russian bank

The capital's leading higher education institution has invested heavily in sanctioned Russian firm Sberbank and now faces calls to divest from the business amid Vladimir Putin's invasion of Ukraine

Edinburgh Live · Mar 3, 2022

Edinburgh University has more than £1m invested in sanctioned Russian bank

As of January, the university has £1,109,251 worth of Sberbank shares, held via Edinburgh-based fund managers Baillie Gifford.

The Independent UK · Mar 3, 2022

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London Stock Exchange suspends trading in 27 firms with strong links to Russia

Energy and banking companies Gazprom and Sberbank, plus EN+, Lukoil and Polyus among firms

The Guardian - UK · Mar 3, 2022

Australian Retirement Trust joins other super funds in divesting from Russia

The $230bn fund with 2 million members says it instructed investment managers ‘earlier this week’ to sell Russian shares

The Guardian - AU · Mar 3, 2022

London Stock Exchange suspends 27 Russian listings; wheat prices soar to 14-year high – as it happened

Stocks drift lower as Institute of Directors says it’s no longer tenable for Brits to hold board roles in Russian companies and Russian airlines are shut out of UK insurance market

The Guardian - UK · Mar 3, 2022

Sydney spared worst of rain but Newcastle still under threat – as it happened

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The Guardian - AU · Mar 2, 2022

Ex-Labour attorney general represented Kremlin-owned Russian bank sanctioned by UK

Exclusive: Labour peer Lord Goldsmith acted for Sberbank in a legal case last year

The Independent UK · Mar 2, 2022

AustralianSuper’s $300m of Russian investments plunge as sanctions bite

Australia’s biggest super fund yet to decide if it will join investors dumping Russian shares following Ukraine invasion

The Guardian - AU · Mar 2, 2022

£430billion wipeout: Russian stocks crash 98% on London indexes as sanctions bite

UK-listed depositary receipts of Russian companies are evaporating in value as sanctions take effect.

Evening Standard · Mar 2, 2022

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The Guardian - UK · Mar 2, 2022

Russia’s Sberbank pulls out of Europe after facing failure amid sanctions

Bank’s European subsidiaries faced ‘abnormal cash outflows’, so it could no longer supply them with liquidity

The Guardian - UK · Mar 2, 2022

Oil price jumps to nearly $114; natural gas prices reach record highs – as it happened

US and European shares push higher, while rouble drops 8% and Moscow stock exchange stays shut for third day, as Russia bombards Ukrainian cities

The Independent UK · Mar 2, 2022

Live updates: Russian bank exiting Europe amid sanctions

Leading Russian bank Sberbank has announced it is pulling out of European markets amid tightening Western sanctions over Russia’s invasion of Ukraine

The Independent UK · Feb 28, 2022

Withdraw Holyrood’s pension investment from Russian bank, MSPs demand

The Scottish Parliament is being urged to divest pension funds from Russian state-owned investment firm Sberbank.

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The Guardian - UK · Feb 28, 2022

Russian central bank hikes rates and closes stock market as rouble crashes; oil and gas soar – as it happened

Commodities including wheat and aluminium surge and European stocks slide as markets respond to wider sanctions on Russia

The Guardian - UK · Feb 27, 2022

Moscow braces for rouble to crash at least 25% as new sanctions hit

Russian currency expected to plunge in first day’s trading since Swift ban and ECB says state-owned Sberbank subsidiaries are set to collapse

Daily Record · Feb 27, 2022

MSP pension fund has £300,000 investment in sanctioned Russian bank

Politicians across the political divide at Holyrood have called for their fund to longer invest in Sberbank

Reuters · Feb 26, 2022

Russian banks face exclusion as allies deploy 'financial nuclear weapon'

The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against Ukraine, saying they would block access to the SWIFT international payment system.

Al Jazeera · Feb 24, 2022

US sanctions on Russia affect defence, tech, finance

The White House unveiled measures to isolate Russia from the global financial, tech and trade system.

Reuters · Feb 24, 2022

U.S. hits major Russian banks with sanctions over invasion of Ukraine

The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest banks and members of the elite in new measures as Washington warned more action could come.

The Guardian - UK · Feb 24, 2022

Russia: who is on the sanctions lists – at a glance

List of people and organisations blacklisted by UK, US and EU

1 2 3 4 5

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