Sanctioned Russian Bank Shuts US Accounts To “Protect” Russian Clients

by Tyler Durden
ZeroHedge.com
03/28/2014

The sanctioned Russian bank – Bank Rossiya – is “taking measures to protect its Russian clients” from potentially unfair actions by US banks by shutting correspondence accounts in the US. Furthermore, the bank, which is oh so grateful for the support of Vladimir Putin (who opened a personal account with the bank soon after the sanctions), added it will meet all obligations and will not need additional support as will concentrate only on its Russian clients and work only in Rubles.

The Rest…HERE

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