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JPMorgan processed Russia bond payments, sent money to Citi

  Bloomberg JPMorgan Chase & Co has processed funds that were earmarked for interest payments due on dollar bonds issued by the Russian government and sent the money on to Citigroup Inc. as bondholders waited for a second day to receive the $117 million. JPMorgan was the correspondent bank Russia used to send the payment to Citigroup, which is acting ...

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Sberbank gets license to issue digital assets

  Bloomberg Russia’s central bank granted Sberbank PJSC, the nation’s biggest lender, a license to issue and exchange digital assets. Using Sber’s platform, companies can issue their own digital assets to attract market investments, buy digital assets through Sber’s system, or make other digital assets transactions, the bank said in a statement. “We are just starting our work with digital ...

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US futures decline, stocks steady as crude advances

  Bloomberg US equity futures slipped on Friday and Asian stocks were steady as traders weighed mixed signals from the peace talks between Russia and Ukraine that are pushing oil further above $100 a barrel. European contracts wavered and those for the S&P 500 and Nasdaq 100 dipped following the best three-day rally in US shares since 2020. An Asian ...

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