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  4. U.S. targets Russian financial services sector, businessman Potanin
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U.S. targets Russian financial services sector, businessman Potanin

WASHINGTON (Reuters) - The United States on Thursday targeted Russia's financial services sector and Russian businessman Vladimir Potanin as Washington increases pressure on...
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U.S. targets Russian financial services sector, businessman Potanin © Reuters. FILE PHOTO: Russian and U.S. state flags fly near a factory in Vsevolozhsk, Leningrad Region, Russia March 27, 2019. REUTERS/Anton Vaganov/File Photo/File Photo/File Photo

WASHINGTON (Reuters) - The United States on Thursday targeted Russia's financial services sector and Russian businessman Vladimir Potanin as Washington increases pressure on Moscow over its invasion of Ukraine.

The U.S. State Department imposed sanctions on Potanin, one of Russia's richest men, and people associated with him, the Treasury Department said in a statement.

The Treasury said it imposed sanctions on Rosbank, a Russia-based commercial bank Potanin acquired earlier this year, along with 17 other entities related to Russia's financial services sector.

The State Department will also target Potanin's network and people linked to the government of Russia, the statement read.

"By sanctioning additional major Russian banks, we continue to deepen Russia’s isolation from global markets,” the Treasury's Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in the statement.

"Today’s designations by the United States, together with actions taken by our international partners, will further inhibit the Putin regime’s ability to fund its horrific war against Ukraine."

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
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 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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