Mineral Resources
U.S. alerted Raiffeisen access to dollar system could be curbed over Russia, source states
Raiffeisen Bank International was cautioned by the U.S. Treasury in writing that its access to the U.S. monetary system might be curbed due to the fact that of its Russia dealings, according to an individual who has seen the correspondence. On May 6, Deputy Secretary of the Treasury Wally Adeyemo sent out a letter to RBI, revealing concern about RBI's expansion in Russia also a $1.5 billion handle an approved Russian tycoon that the bank has considering that terminated, according to the person, who requested privacy due to the fact that the matter is private. While the offer connected to...