What: US Threatens German/European Banks with Sanctions! Much for Allies!!

In this video, learn about the recent meeting between German bank executives & US officials to discuss compliance issues. With US threats of sanctions looming, Treasury Secretary Yellen was involved in the discussions, emphasizing the importance of adhering to compliance regulations to avoid penalties and maintain access to the U.S. dollar market.

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Link to articles:
https://www.reuters.com/world/europe/yellen-urges-european-banks-boost-compliance-with-us-sanctions-russia-2024-05-21/
https://www.bignewsnetwork.com/news/274380434/us-threatens-german-banks-with-sanctions-reuters

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