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DOJ Intensifies Probe Into Credit Suisse, UBS Group Over Alleged Russian Sanctions Evasion
Wednesday, September 27, 2023 - 9:37am | 446The US Department of Justice (DOJ) is heightening its investigation into UBS Group AG (NYSE:UBS) and Credit Suisse Group for alleged failures in compliance, which may have allowed Russian clients to circumvent sanctions. What Happened: The DOJ’s inquiry has...
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Putin's Sanctions List: Former Adversaries Of Trump And A Top Binance.US Official Included
Monday, May 22, 2023 - 3:05pm | 419Russian President Vladimir Putin has announced a list of 500 individuals who are now facing travel and financial restrictions, which includes BJ Kang, the head of investigations for Binance.US and a former FBI agent. This move is believed to be in response to recent sanctions imposed by the United...
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Russia Bans Jill Biden, Daughter Ashley, Others From Country: Who Else Is On Putin's Blacklist?
Tuesday, June 28, 2022 - 4:17pm | 473A new round of Americans have been banned from entering the country of Russia. First Lady Jill Biden and daughter Ashley top the list. Here’s who else was included and who was previously banned by the country. What Happened: In retaliation to new sanctions by the U.S. on Russia and...
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Western Nations Force Russia To Default On Foreign Debt; Ruble Maintains 7-Year High
Monday, June 27, 2022 - 5:32pm | 394As of late Sunday, Russia has defaulted on foreign debt, which has not occurred since 1918 during the Bolshevik Revolution. What Happened: The Kremlin failed to make payments totaling $100 million in dollars and euros owed to bondholders, missing a 30-day grace period, according to a Monday Wall...
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Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties
Tuesday, July 29, 2014 - 4:37pm | 2823U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...