US wants to punish banks linked to Russia – Reuters ...News

Washington says it will check on who benefits from Moscow-related transactions The US could target more banks linked to Russia with sanctions and is set to tighten enforcement of existing restrictions, Reuters has reported, citing a senior US official.    Sanctions imposed by Washington and its allies “immobilized about 80% of the assets in the Russian banking sector,” according to the head of the US State Department’s Office of Sanctions Coordination, James O’Brien.    Last year, Russia was hit by sweeping Western economic sanctions, which included measures to cut the Russian central bank off from the internation

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