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JPMorgan might lose a lot of money and/or investments because they didn't think Putin would target them.
also because they ignored sanctions.
Yes, but that's when they were delivering returns for their shareholders
Can't really sanction them for that, the board told them to do it, it's not their fault!
What sanctions?
If you mean just having a business presence in Russia, it's not generally-illegal for a multinational to do business in Russia, even today. There are certain people and businesses and industries that are off-limits, and there are (obviously, given this article) political risks. But as things stand, it's definitely possible to do business in Russia without violating sanctions.
Not illegal, but since other sanctions went into effect, it seemed obvious that even rich people's assets are becoming fair game in this new hot/cold war we're having.
It's possible to do business in Russia, maybe even legal. Is it a smart thing to do? It's the equivalent of the people travelling to Russia or NK for tourism, and finding out they will be made into hostages. The wealthy just thought that they are above the war, that the war only takes poor people's lives, not rich people's money.