Weekly Roundup: Deutsche Bank Bends to Pressure to Leave Russia, Britain Blacklists Soccer Club Owner, and More

Deutsche Bank, the first western financial institution to reject calls to exit Russia after the EU, U.K. and U.S. imposed a broad range of sanctions against banks, businesses, oligarchs and officials in the country, has reversed course and will now wind down business in the nation, Reuters reported. More British banks face a challenge in using a government-issued license to process a limited set of transactions for Chelsea FC after the Office of Financial Sanctions Implementation blacklisted the soccer club's owner, Russian national Roman Abramovich, ACAMS reported. More The board of directors of Evraz, a Russian steel and mining...