LONDON (CU)_Banks and financial institutions across the globe are currently assessing their ties with Russian individuals and entities, as several Western governments and political groups imposed a range of sanctions against Russian government officials and companies over the weekend, in light of the country’s invasion of Ukraine. Accordingly, the London Stock Exchange Group, on Friday, suspended the membership of VTB Capital, subsidiary of Russia’s second-largest bank VTB, which means investment banking firm can no longer trade on the LSE.
The move was following British Prime Minister Boris Johnson’s decision to…