WASHNGTON, Jun 14 (PRIME) -- U.S. banks JPMorgan Chase and Goldman Sachs have stopped transactions connected with Russian debt servicing, Bloomberg reported on Tuesday citing sources.
The Department of Treasury earlier refused to prolong a general license allowing Russia to continue to service its foreign debt amid sanctions and issued an order to banks to suspend the transactions. According to the sources cited by Bloomberg, the banks continued the transactions until early June.
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