ECB Warns European Banks on Risk From Russia Sanctions, FT Reports
27 Januar 2022 - 09:31AM
Dow Jones News
--The European Central Bank has told lenders with significant
exposure to Russia to prepare for Moscow to be hit by international
sanctions if it invades Ukraine, the FT reports, citing unnamed
sources.
--International banks with large exposure in Russia include
Citigroup, France's Societe Generale, Austria's Raiffeisen and
Italy's UniCredit.
--The U.S. and EU are close to agreeing on sanctions aimed at
hurting Russian banks in the event of an invasion of Ukraine.
Full story: https://on.ft.com/3r4pC2B
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
January 27, 2022 03:16 ET (08:16 GMT)
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