Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Russian agency: Russia will conduct a nuclear test if the US does
Al-Nakhalah: We are the rightful owners, and we must fight to retrieve our rights
Al-Nakhalah: The enemy and its allies must know that we can never surrender to their terms and diktats after all the sacrifices made
Al-Nakhalah: The prisoner exchange clause can be completed in the next few days, and thus we will have pulled the [explosion] fuse and removed the enemy's justifications for aggression
Al-Nakhalah: The Resistance has expressed its willingness to negotiate on the basis that there are items that can be dealt with positively, the first of which is the prisoner exchange item
Al-Nakhalah: Trump's plan entails the Palestinian people's declaration of complete surrender to the enemy
PIJ Secretary-General, Ziyad al-Nakhalah, in an address aired on Al Mayadeen: The Resistance is engaging in a fierce negotiating battle under the so-called Trump plan
Russian Federation Council approves joint military cooperation agreement with Cuba
Al-Nunu: Today, the lists of prisoners required to be released, the agreed-upon criteria and numbers, were exchanged
Al-Nunu from Sharm el-Sheikh: Negotiations focused on mechanisms for implementing an end to the war, the withdrawal of occupation forces from the Gaza Strip, and the exchange of prisoners

Sputnik: US banks decline to confirm return to Russian bond trade

  • By Al Mayadeen English
  • Source: Agencies
  • 18 Aug 2022 22:45
  • 2 Shares
2 Min Read

After information revealed that US banks have returned to Russian bonds trading for asset disposal following US Treasury guidelines to avoid anti-Russian sanctions, Sputnik sought to confirm the information but most banks declined to comment.

  • x
  • Russian Ruble and US Dollar banknotes (Reuters)
    Russian Ruble and US Dollar banknotes (Reuters)

Several big US banks failed to disclose to Sputnik if they had restarted trading in Russian bonds following a suspension due to fears about breaking anti-Russia sanctions.
 
Earlier, on Monday, August 15, Reuters reported obtaining bank documents revealing the fact that many big Wall Street banks have recently begun offering to arrange deals in Russian debt, providing investors another opportunity to dispose of Russian assets.

Related News

S&P downgrades US banks credit ratings, shares drop

US Treasury's Adeyemo: Recession looming if US defaults on debt

Large Wall Street firms have cautiously returned to the market for the Russian government and corporate bonds after new Treasury guidelines, subsequently released in July, permitted US holders to tone down their positions. This information was obtained by Reuters via emails, client notes, and various contacts from six banks.
 
"We'll decline to comment," a JP Morgan spokesperson told Sputnik on Thursday. 
 
Bank of America, Wells Fargo, The Office of Foreign Assets Contro, as well as Legal and General also declined to confirm whether they are facilitating the trading of Russian bonds. 
 
The US Treasury Department banned US investors from Russian security purchases back in June as part of an economic sanctions package against Russia. 
 
When Russia began a military operation in Ukraine, there was about $40 billion in Russian sovereign debt available on the market, with approximately half owned by foreigners, according to the Financial Times.

According to Reuters, the banks' approaches to the US Treasury guidelines differ. While some are providing customers assistance in divesting their holdings as well as other forms of trading that would minimize exposure to Russian assets in certain situations, others limit trades to asset disposals alone.

Read more: Limited Russian bond trading allowed after US approval - Reuters

  • US Banks
  • Russian bonds
  • Russia
  • US
  • Wall Street
  • NYSE

Most Read

Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025
Al-Quds Brigades strike a command and control center north of Khan Younis, southern Gaza Strip, in an undated screengrab from the al-Quds Brigades military media

Gaza resistance announces major operations against Israeli forces

  • Politics
  • 1 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Retired Israeli General Brik says Israel has reached point of no return.
Politics

Retired Israeli General Brik: 'Israel has reached point of no return'

Depleted by foreign wars, US seeks to re-arm for another confrontation
Politics

Depleted by foreign wars, US seeks to re-arm for another confrontation

Gaza’s newborns gasp for life as hospitals collapse amid Israeli war
Health

Gaza newborns gasp for life, share oxygen masks amid collapsed system

UK arms exports to 'Israel' reach record high despite ban calls
Politics

UK arms exports to 'Israel' reach record high despite ban calls

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS