STRESSGeopoliticalGlobal
StanChart CEO Says Bank Shut Down Accounts of Russian ‘Bad Guys’
Published:
News summary
Standard Chartered Plc Chief Executive Officer Bill Winters said the bank had shut down the accounts used by a Russian money laundering ring after it discovered attempts to circumvent Western sanctions imposed in the wake of the invasion of Ukraine.
- Importance
- Low · 25/100
- Impact direction
- Negative