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Credit Suisse freezes $5 billion of Russian money due to U.S. sanctions

Credit Suisse freezes $5 billion of Russian money due to U.S. sanctions

Postby smix » Fri Aug 24, 2018 1:04 am

Credit Suisse freezes $5 billion of Russian money due to U.S. sanctions
Reuters

URL: https://www.reuters.com/article/us-cred ... SKCN1L71LR
Category: businessNews
Published: Wed, 22 Aug 2018 17:00:42 -0400

Description: One of Switzerland's largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid falling foul of U.S. sanctions, according to its accounts, further increasing pressure on Moscow.
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