The U.S. will freeze assets at Russia's largest banks kept in the U.S., including VTB Bank, a state-owned entity and Russia's second-largest bank, as
The U.S. will freeze assets at Russia’s largest banks kept in the U.S., including VTB Bank, a state-owned entity and Russia’s second-largest bank, as well as Sberbank. Similarly, the U.K. announced earlier on Thursday it would freeze any British-based assets belonging to VTB. The European Union is similarly freezing Russian assets and blocking bank access to European financial markets.
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