MSCI said it had not taken any action on Russia following a volley of sanctions by Western governments, but signalled it would consider taking steps such as freezing Russian indexes if new sanctions hurt their investability for a significant portion of global investors.
U.S. President Joe Biden on Tuesday announced new sanctions on Russian elites and two banks as the West tries to stop an all-out invasion of Ukraine by punishing Moscow for ordering troops to two separatist regions it has recognised.
