payment system

Explainer: Disconnecting Russia’s banks: Sberbank faces SWIFT removal

The European Union aims to cut off SberbankĀ (SBER.MM), Russia's largest lender, from the SWIFT international payment system as Western allies…

4 years ago

Explainer: Europe’s banks fear payment system could be casualty of Russia-Ukraine crisis

Amid fears of a Russian invasion of Ukraine, Italy's UniCredit has backed out of a potential acquisition in Russia and…

4 years ago