Swiss Bank Cuts Ties With Russian Clients: Impact On The Russian Economy Revealed

#thegaze #russia #economy Another Swiss bank stops working with clients living in Russia. Julius Baer will stop serving them no later than December 31, according to Western media. However, wealth management activities - such as client investment management mandates, loan agreements and credit card contracts - will be terminated by the end of September. What threatens the Russian economy with further isolation - see in a material.