Where the failure of Russian banks hits the financial sector in Europe - McDermott Will & Emery

Where the failure of Russian banks hits the financial sector in Europe

Overview


In response to Russia’s political actions, the EU, the UK, the US and even Switzerland have imposed unprecedented sanctions on the country, affecting the Russian banking sector in particular. What does this mean for Russian banks? What are the dangers for European banking?

In her article for Springer Professional, Renate Prinz explains the details, consequences and potential threats.