Monday, 25 November, 2024
|
In Stepanakert:   0 °C

BNY Mellon announced the suspension of investments in Russian securities

BNY Mellon announced the suspension of investments in Russian securities
1267
Friday, 18 March, 2022, 11:24

The press service of the American bank BNY Mellon announced the suspension of investments in Russian securities due to the conduct of a special military operation by the Russian Federation in Ukraine.

Representatives of the financial institution specified that the refusal to purchase Russian securities and sanctions against the country would lead to a reduction in income in the first quarter of this year by $100 million.