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HomeMore NewsBanking & FinanceCity’s largest lenders accused of ‘quietly profiting’ amid Russia-Ukraine conflict

City’s largest lenders accused of ‘quietly profiting’ amid Russia-Ukraine conflict

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LONDON (CU)_The United States and the United Kingdom, together with European allies, imposed sanctions over several Russian government officials and entities in response to the country’s invasion of Ukraine. Accordingly, banks have been forced to drop services for selected Russian businesses and oligarchs, but British MPs are of the view that they have a moral duty to put further financial pressure on the Kremlin.
Campaigners are accusing…

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