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Home>Bank of America Continues to Slash Loans in Russia

Bank of America Continues to Slash Loans in Russia

3party Content

Tue, 29 Jul 2014

By Christina Rexrode Bank of America Corp. continues to cut its exposure to Russia amid increasing political tension in the region. The bank said in a regulatory filing late Tuesday that its net exposure to Russia stood at $3.94 billion, down more than 40% from $6.72 billion at the end of December
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