The U.S. May Take Further Action Against Banks Linked To Russia

The United States is likely to take further actions against banks with ties to Russia to prevent them from dodging the existing Western sanctions, a U.S. official told Reuters on Wednesday.  “We are looking at additional banks and financial institutions to see how Russia deals with the outside world.

It is very possible that there will be more action,” James O’Brien, head of the U.S. State Department’s Office of Sanctions Coordination, told Reuters. Shortly after the Russian invasion of Ukraine last year, the U.S. and…