Russia-Ukraine war is 'a financial war now': Deutsche Bank
Published on: Sunday 27 February 2022
The war between Russia and Ukraine has found a new battlefield after another turbulent weekend for the global financial markets. "This is in effect a financial war now," warned Deutsche Bank strategist Jim Reid in a note on Monday. Deutsche Bank's commentary comes as Western allies moved to block "selected" Russian banks from the SWIFT payment system. The decision essentially denies Russia access to financial markets globally and opens its...
News source: https://www.msn.com/en-us/finance/markets/russia-ukraine-war-is-a-financial-war-now-deutsche-bank/ar-AAUpeLv