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London Stock Exchange suspends VTB Capital's membership

London Stock Exchange suspends VTB Capital's membership
London Stock Exchange suspends VTB Capital's membership   -   Copyright  Thomson Reuters 2022
By Reuters

LONDON – The London Stock Exchange said on Friday it has suspended VTB Capital’s membership following Britain’s sanctions in retaliation for Russia’s invasion of Ukraine.

The suspension means that VTB Capital, owned by one of Russia’s biggest banks VTB, can no longer trade on the LSE, a spokesman for the exchange said.