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Hendrik du Toit: Russia sanctions could prove an ‘expensive decision’ for the West
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Hendrik du Toit, one of the City’s longest-serving fund management chief executives, has warned that “weaponising finance” to punish Russia for its invasion of Ukraine could prove an “expensive decision” — one that could eventually give rise to a more fragmented financial system.
Du Toit, who is CEO of Ninety One, said while it was right that the Kremlin was feeling pressure from the West to stop its brutal war in Ukraine, measures designed to cripple Russia financially could have far reaching economic consequences in the...
Read more on fnlondon.comAbout this in other media
Binance Cutting Down Services In Russia In Line With European Union Sanctions ndtv.com /2 years ago
Fresh US sanctions over Russia's war in Ukraine to hit a crypto mining firm for first time euronews.com /2 years ago
Binance limits services in Russia due to the EU’s 5th package of sanctions cointelegraph.com /2 years ago
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