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Biden imposes tough new sanctions against Moscow
Measures include restrictions on Russia’s sovereign debt market
Citigroup to exit most of its Asian consumer business
Move is new chief executive Jane Fraser’s first big shake-up at the bank
Hedge fund Elliott builds up multibillion-pound stake in GSK
Activist group’s investment comes as UK drugmaker's performance lags rivals
Bank of America’s quarterly profit more than doubles
Bank announces $25bn share buyback programme after ‘exceptional’ first quarter
BlackRock assets under management surge to record $9tn
Investors pour money into fixed income and equity funds