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Washington's efforts to close loopholes in Russia's access to the global banking system are showing results, with Moscow's workarounds being shut down. Recent pressure from the US on banks like Raiffeisen to drop deals with Russian entities indicates a tightening of financial ties.
JUST IN | RBI says All Agency Banks to remain open for public on March 31, 2024 (Sunday) @RBI https://t.co/EhcUR92sjX
this Reuters story seems to have derailed RBI's planned AT1 deal, which has now been pulled on "adverse market reaction to the latest headlines" https://t.co/bnDtcnQHuF
Aaaaaaaaand volatility is back *US PRESSING RAIFFEISEN TO DROP PLAN TO BUY STRABAG STAKE: RTRS https://t.co/LPmuvSsWuC






