• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

ECB Question Banks on Russia Exposure With Heightened Tensions

January 27, 2022 by Forex Winner Leave a Comment

ECB Question Banks on Russia Exposure With Heightened Tensions

Source: FT

The European Central Bank caution lenders with huge exposure to Russia to prepare themselves for international sanctions against the country if Putin invades Ukraine. Euro Stoxx 50 down -0.28%, EUR USD down -0.66%

  • The warning from the EBC comes as the US cautioned that Russia would suffer “massive consequences” if it sent soldiers into Ukraine.
  • Sanctions would increase massive risks for the international banks with large Russian exposure, including Citi in the United States.
  • ECB policymakers requested information on how the banks would handle the different situations, including as a move to prohibit Russian banks from accessing the Swift international payments system.
  • The requests emphasized how the ECB wants to ascertain that European banks are complied with any sanctions requirements and can quickly cut out non-compliant clients.
  • The central bank has evaluated the risks of different possibilities and pushed the banks to share information on their own assessments and contingency plans. 

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

nadex

Nadex Review

December 23, 2019 By Forex Winner

Binarycent

Binarycent Review

June 14, 2019 By Forex Winner

GMO trading

GMO Trading Review

May 22, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure