Global banks grapple with Ukraine crisis as shares slump

February 25, 2022 8:04 AM

FRANKFURT (REUTERS) – Financial firms from Frankfurt to Wall Street suffered heavy share price falls on Thursday (Feb 24) as they grappled with the impact of Russia’s invasion of Ukraine, digested newly-imposed sanctions and rushed to advise clients on how to respond.

Source : https://www.straitstimes.com/business/banking/global-banks-grapple-with-ukraine-crisis-as-shares-slump