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Stock impact report

U.S. senators push banks for information on Russian 'oligarchs' [Reuters (UK)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
U.S. senators push banks for information on Russian 'oligarchs' | Reuters 3 Min Read WASHINGTON, April 24 (Reuters) - U.S. senators are pressing many of the world’s largest financial institutions to disclose any links between their companies and wealthy Russians allied with Russian President Vladimir Putin, according to a letter released on Tuesday. Two Democratic senators, Jeanne Shaheen and Sheldon Whitehouse, have written to the banks, hoping to increase pressure not just on individuals on the U.S. Treasury’s so-called “oligarchs list,” but also on financial institutions to closely consider those with whom they do business as Washington moves to impose sanctions on Moscow. The Trump administration announced sanctions on Russia on April 6, largely responding to what U.S. intelligence agencies have said was Russian interference in the 2016 U.S. election, although Treasury painted them as a response to a series of adversarial actions by Moscow. Russia denies meddling in the election. Show less Read more
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