Russian companies withdraw billions from west, say Moscow bankers

Last updated: March 14, 2014 7:57 pm

Russian companies withdraw billions from west, say Moscow bankers

By Patrick Jenkins and Daniel Schäfer in London and Courtney Weaver and Jack Farchy in Moscow

Russian companies are pulling billions out of western banks, fearful that any US sanctions over the Crimean crisis could lead to an asset freeze, according to bankers in Moscow. Read more of this post