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G7 plans to warn small Chinese banks over Russia ties  | Reuters News Agency

G7 plans to warn small Chinese banks over Russia ties  | Reuters News Agency


Business & Finance

Reuters exclusively reported that U.S. officials expect the Group of Seven (G7) wealthy democracies to send a tough new warning next week to smaller Chinese banks to stop assisting Russia in evading Western sanctions. 

Market Impact

Treasury officials have repeatedly warned financial institutions in Europe and China and elsewhere that they face sanctions for helping Russia skirt Western sanctions. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: AmericasAsia

Countries: ChinaRussia

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story



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