Simon Fentham-Fletcher Comments on Russia Sanctions & Impact on Foreign Banks

  • Government advises against participation in Russian bond sale
  • Says arranging Eurobond sale runs counter to foreign policy

Foreign banks in Russia, where sanctions have crippled deal-making, face a prolonged slump after the latest U.S. warning on sanctions.

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https://www.bloomberg.com/news/articles/2016-02-26/u-s-sanctions-warning-tests-resolve-of-foreign-banks-in-russia