UK fines US-headquartered Citibank's London unit £4.7 million under Russia sanctions laws
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Source: The Jerusalem Post
Published: 2026-09-02 19:50 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Iran, Ukraine/Russia, Economy & Finance, Business & Economy, Technology
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Snippet:
Britain on Wednesday fined Citibank £4.7 million ($6.35 million) under its Russia sanctions regime, stating that the US bank's CBNA London unit had made funds available for the benefit of those covered by sanctions.
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