Russian banking giant drops US arm as geopolitical tensions mount

Russian banking giant drops US arm as geopolitical tensions mount Read This NextFox News’ Laura Ingraham Suggests Defunding the US Military Over CriticalThe WrapSmoking and Hair Loss: Are They Connected?VegamourTeammates, NFL execs expect Aaron Rodgers to do this in 2021SportsnautMore People Now Use YouTube Than Facebook or Instagram – What Happened?The WrapIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamour’The Harder They Fall’ Trailer: Jonathan Majors Seeks Revenge on Idris ElbaThe WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamour’The Blacklist’ Fans Are Not Happy They Didn’t Find Out What Was in ThatThe Wrap Fragile political tensions between Moscow and Washington, D.C. took a turn for the worse this evening, as Russia’s second biggest bank revealed it has sold its New York-based business.Citing geopolitical reasons, Russian financial services provider VTB said it had disposed of its US broker arm VTB Capital, which is now an independent company called Xtellus Capital Partners. Monday 3 September 2018 9:38 pm Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldCrowdy FanKaley Cuoco Net Worth Left Her Billionaire Husband SpeechlessCrowdy Faninvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.commoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailVitaminewsShe Had No Clue Why The Crowd Started Cheering HerVitaminewsOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBetterBe20 Stunning Female AthletesBetterBe VTB said: “Given the current geopolitical situation such a change… is the most appropriate way to continue servicing our Russian and global clients.”Read more: Former UBS trader Kweku Adoboli detained ahead of deportation to Ghana There will be no direct VTB presence in the US following today’s comments, which underline the nervous climate among Russian business executives who fear a new round of sanctions could dent their ability to do business with Western clients.Tense relations between the Kremlin and the White House have loomed large since a nerve agent attack in Britain prompted president Donald Trump to create sanctions earlier this month that could terminate some arms sales and financing to Russia. whatsapp whatsapp Sebastian McCarthy

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