Financial News

Biden says VTB, other Russian banks to be sanctioned

Reuters
Reuters
U.S. President Joe Biden delivers remarks on Russia-Ukraine situation from the White House in Washington

WASHINGTON – U.S. President Joe Biden said on Thursday that Russia’s second largest lender VTB is among the Russian banks that will be sanctioned as a result of the conflict with Ukraine.

(Reporting by Steve Holland and Trevor Hunnicutt)

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