Bloomberg Business

Banks With Russia Ties Targeted by US Treasury Whistleblowers

A US law passed after Russia invaded Ukraine has given a boost to a flawed Treasury Department program that lawyers claimed deterred whistleblowers from providing tips on the role of banks in sanctions and anti-money laundering violations.

Hungary Leads East EU Economic Slide Amid War in Ukraine

Soaring inflation, higher interest rates and supply-chain snarls spurred by the war in Ukraine pushed most of the European Union’s biggest eastern economies into contraction in the fourth quarter.

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