Question
In 2022 The War between Russia and the Ukraine has impacted the global economy and Russia is either in the process of or has been
In 2022 The War between Russia and the Ukraine has impacted the global economy and Russia is either in the process of or has been removed from SWIFT which is used in international banking money transfers. Mastercard and Visa Card have also been removed from Russia as well.
a) How has the war impacted international banking risk?
b) What can banks do to mitigate various risk factors that the conflict has brought out?
c) What do you think Mastercard and Visa withdrawing from Russia will do to the financial industry?
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
