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BNY Mellon announced the suspension of investments in Russian securities

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

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.