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Midweek Roundup: Western Nations Weigh Russian Sanctions, OCC Suspected ‘Pattern of Forgetfulness’ at JPMorgan, and More
printThe Obama administration could blacklist Russian banks if Moscow decides to invade eastern Ukraine, the Financial Times reported, citing anonymous sources. U.S. officials can impose sanctions under current laws if they link the institutions to money laundering, organized crime or weapons shipments to Syria, among other issues. More The European Union, which has not imposed economic restrictions against Russia, adopted sanctions Wednesday that require asset freezes of misappropriated Ukrainian funds. More Russia's central bank said Wednesday that it had revoked the licenses of Dagestan Bank, Monolit Bank and the Bank of Business Development for failing to sufficiently monitor suspicious activity...
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