UniCredit Considers Quitting Russia, Credit Suisse Outlines Russian Wealth Clients
A growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business there.
A growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business there.
The emerging market specialist asset manager built up outsized exposure to Russian assets in its two biggest retail funds before Ukraine invasion.
Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets.
Oil market could become even more volatile in the days ahead if Vladimir Putin decides to retaliate against Western sanctions using oil as a weapon.
UBS Group AG has about $200 million exposure to Russian assets that were used as collateral in loans to clients at its wealth unit.
Wheat’s biggest weekly surge ever is prompting investors to rush toward the amber grain while nervous U.S. farmers worry about missing out.
The propensity for U.S. stocks to log the bulk of gains when the cash market is shut overnight has had investors scratching their heads for years.