WASHINGTON (Reuters) -- The U.S. imposed fresh sanctions on Russia's Gazprombank on Thursday, the Treasury Department said, wielding its most powerful sanctioning tool against the bank as President Joe Biden steps up actions to punish Moscow for its invasion of Ukraine before leaving office in January.
The move effectively kicks Gazprombank -- one of Russia's largest banks -- out of the U.S. banking system, bans their trade with Americans and freezes their U.S. assets.
