KM Financial Solutions | Credit Suisse freezes $5 bln of Russian money due to U.S. sanctions
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Credit Suisse freezes $5 bln of Russian money due to U.S. sanctions

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

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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