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Weekly Roundup: U.K. to Push SWIFT Ban for Russia, Swiss Banks Lose Nearly $400 Billion to Crackdown, and More
printThe United Kingdom this weekend will press European Union leaders to escalate sanctions against Russia by blocking the country's access to the SWIFT banking messaging system, Bloomberg reported. More A recent draft of an expected European Council statement on Ukraine would not impose sanctions against Russia, however, according to the Financial Times. More U.S. officials believe Russian hackers stole data from JPMorgan Chase earlier this month, possibly in retaliation for sanctions, Bloomberg reported Wednesday, citing sources. More The Russian Direct Investment Fund, which has partnered with prominent American and European companies and advisers, has eluded U.S. and EU sanctions targeting...
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