Switzerland follows EU in lifting sanctions on billionaires Alisher Usmanov and Mikhail Fridman, but adds restrictions on 254 entities
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Switzerland has removed Russian billionaires Alisher Usmanov and Mikhail Fridman from its sanctions list, following a similar step by the European Union in…
Directly affected
- No company is named in this report.
Indirectly affected
- EWL iShares MSCI Switzerland ETF
iShares MSCI Switzerland ETF holds stocks listed in Switzerland, which this story is about (“switzerland”).
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).
- NVS Novartis AG-0.1% 14d
Novartis AG (pharmaceutical preparations) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“switzerland”) reaches its shares.
- CB Chubb+9.4% 30d
Chubb (fire, marine and casualty insurance) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“switzerland”) reaches its shares.
- BG Bunge Global-13.8% 30d
Bunge Global (fats and oils) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“switzerland”) reaches its shares.
- ONON On Holding AG+33.8% 30d
On Holding AG (rubber and plastics footwear) is one of the largest Switzerland-based companies traded in the US, so news about Switzerland (“switzerland”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWL | -3.64% | -2.31% | base | -0.60% | after close | after close | after close |
| VGK | -2.35% | -2.42% | base | -1.21% | after close | after close | after close |
| NVS | -2.40% | -2.15% | base | -0.35% | after close | after close | after close |
| CB | -3.19% | -1.39% | base | +0.94% | after close | after close | after close |
| BG | -1.12% | -2.88% | base | +0.81% | after close | after close | after close |
| ONON | -15.04% | -7.94% | base | -2.47% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Switzerland follows EU in lifting sanctions on billionaires Alisher Usmanov and Mikhail Fridman, but adds restrictions on 254 entities theins.press
Source: theins.press
This story
| Company | When | Move | Status |
|---|---|---|---|
| BG | that day | +0.81% | still updating |
| BG | three days earlier | -2.88% | final price |
| BG | five days earlier | -1.12% | final price |
| CB | that day | +0.94% | still updating |
| CB | three days earlier | -1.39% | final price |
| CB | five days earlier | -3.19% | final price |
| EWL | that day | -0.60% | still updating |
| EWL | three days earlier | -2.31% | final price |
| EWL | five days earlier | -3.64% | final price |
| NVS | that day | -0.35% | still updating |
| NVS | three days earlier | -2.15% | final price |
| NVS | five days earlier | -2.40% | final price |
| ONON | that day | -2.47% | still updating |
| ONON | three days earlier | -7.94% | final price |
| ONON | five days earlier | -15.04% | final price |
| VGK | that day | -1.21% | still updating |
| VGK | three days earlier | -2.42% | final price |
| VGK | five days earlier | -2.35% | final price |
Congressional trades in the stocks in this story
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 70 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Maria Elvira Salazar sold Chubb (CB), worth $1,001 - $15,000 on 24 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chubb (CB) (jointly held), worth $1,001 - $15,000 on 23 Sep 2026. That is 43 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Chubb (CB) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100Price not final
“Switzerland follows EU in lifting sanctions on billionaires Alisher Usmanov and Mikhail Fridman, but adds restrictions on 254 entities” scores 12 out of 100. The score uses 1 sources. The price is not final yet.