, which holds one-third of Russia’s total banking assets, and Alfabank, the country’s fourth largest financial institution, US officials said. But energy transactions were exempted from the latest measures, the officials said.
“Today, along with our allies and partners, we’re announcing a new round of devastating sanctions,” Biden said. The White House also said Biden was signing an executive order that “includes a prohibition on new investment in Russia by US persons wherever located, which will further isolate Russia from the global economy.” This will include a ban on venture capital and mergers, officials said.
Also on Wednesday, the US justice department charged Russian oligarch Konstantin Malofeyev with violating sanctions imposed on Russia after its invasion of Ukraine.