Russia
Evan Gershkovich’s stolen year in a Russian jail
The Wall Street Journal correspondent has been deprived of 12 months of normal existence; a year of missed weddings, reporting trips and travels with friends
7 min read
Russian court extends WSJ reporter Evan Gershkovich’s detention
American journalist was detained almost a year ago on a reporting trip
5 min read
Ukraine’s finance minister: How we’ve coped with two years of war
Despite unprecedented action to protect investors, the economic war is far from over
3 min read
Two years on, Ukraine’s economy has stabilised, but Western finance firms are finding their Russia exit tricky
Companies are still dealing with fallout from decisions they made following Russia’s invasion in 2022
8 min read
Collapsed Russian bank VTB Capital pays City staff £6.6m
The Russian bank was forced into insolvency in the wake of the Ukraine war, but will remain in administration until the end of 2024
2 min read
Bankers, buyouts and Bill Browder: Russia’s Ukraine invasion one year on
As we reach the anniversary of the conflict, FN looks at the fallout from a war that has rocked global finance
1 min read
ESG investors have shrugged off questions posed by Russia’s invasion of Ukraine
The conflict revealed a host of flaws with the ESG movement, but funds seem to have come out unscathed
4 min read
Amundi, Axa IM, Carmignac among fund managers with $329m of ESG investments stuck in Russia
Seventeen Article 9 funds — touted as having the highest sustainability credentials — still have money tied up in Russian stocks and bonds
4 min read
How Schroders, Fidelity, and more overhauled their funds after Russia’s invasion
Side pockets have allowed funds to ringfence hard-to-sell assets from other investments, and are still having an impact one year on from the outbreak of war
3 min read
Western banks face calls to exit Russia one year on from Ukraine invasion
‘It’s shameful for any of these people to continue to be in Russia,’ according to fund manager and Putin critic Bill Browder
7 min read
Why Swift was the West’s ‘nuclear option’ when Putin invaded Ukraine
A year on, cutting Russian banks off from a vital payments network has not proved to have the impact first feared
Russia’s invasion of Ukraine still threatens global finance
The global financial system is at risk if we rely on friend-shoring to solve economic fights arising from the conflict
Ukrainians struggle for finance qualifications after a year of war
Despite a year of tragedy, aspiring asset managers, accountants and wealth managers are finding ways to take professional qualifications again
Inside Ukraine’s war-torn private equity industry: Bombs, bullets and buyouts
One year on from the start of the war, investors in Ukraine show little sign of backing down
London short-seller eyes energy sector ‘earnings bubble’
‘If you can make money in the Russian market, you can make money anywhere’
3 min read
Why Russia’s attack on Ukraine is both good and bad for crypto
Crypto donations to Ukraine have hit $64m from 120,000 people
5 min read
Big banks shutter offices after Russia’s invasion of Ukraine — here’s what you need to know
Citigroup is winding down its Russian consumer bank, joining rivals in pulling back from the country
4 min read
Citi to fold Russian consumer bank
Bank had tried to sell the unit before war in Ukraine began
1 min read
Citi’s Russia wind-down to cost $170m as 2,300 jobs on the line
After reports emerged of a planned exit, Citi has now confirmed it will be landed with a $170m bill for the wind-down
2 min read