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How Russia's war blindsided the world of ESG investing

By Ross Kerber and Tommy Wilkes BOSTON/LONDON, July 1 (Reuters) - Russia's invasion of Ukraine has exposed a gap in socially-minded investing – a hands-off approach to geopolitics and human rights. Before Moscow sent troops into Ukraine on Feb. 24, Sberbank SBER.MM , a Kremlin-backed bank already the target of international sanctions, enjoyed higher ratings for environmental, social and governance (ESG) risks than some western lenders.
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UK and Italian banks to benefit most from rising rates, study shows

By Marc Jones LONDON, June 8 (Reuters) - British and Italian banks are expected to see the biggest boost from Europe's rising interest rates, according to a new study, while French and Dutch lenders will see barely any benefit and Swiss and Swedish banks could actually suffer. Credit rating firm S&P Global SPGI.N looked at how 85 of Europe's biggest banks, which have a combined 31 trillion euros ($33.28 trillion) of assets, will fare as the European Central Bank, Bank of England and Swiss Nation
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EU bans top credit rating agencies rating Russia and Russian firms

LONDON, March 15 (Reuters) - The European Union has banned top credit rating firms from rating Russia's sovereign debt and the country's companies as part of its latest sanctions package, the European Commission said on Tuesday. "These sanctions Link will further contribute to ramping up economic pressure on the Kremlin and cripple its ability to finance its invasion of Ukraine," the Commission said in a statement.
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Watchdog ESMA vows orderly functioning of EU markets amid Ukraine crisis

LONDON, March 14 (Reuters) - The European Union’s markets watchdog ESMA said on Monday it was coordinating the bloc's regulatory response to the Ukraine war to ensure they continued to function in an orderly manner. The European Securities and Markets Authority said it was closely monitoring the crisis' impact adding that it was "prepared to use its relevant tools to ensure the orderly functioning of markets, financial stability and investor protection." It added it would monitor key parts of
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