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Reuters
Reuters
Business
By John O'Donnell

Analysis-Washington pushes for harsher action against banks with Russia ties

Workers remove debris of a destroyed building, purported to be a vocational college used as temporary accommodation for Russian soldiers, 63 of whom were killed in a Ukrainian missile strike, as stated the previous day by Russia's Defence Ministry, in the course of Russia-Ukraine conflict in Makiivka (Makeyevka), Russian-controlled Ukraine, January 3, 2023. REUTERS/Alexander Ermochenko

The United States could sanction more banks with links to Russia and will step up enforcement against any dodging existing rules, a senior U.S. official told Reuters, as Western powers seek to reinvigorate efforts to isolate Moscow.

The comments come as Western diplomats seek to agree a new raft of sanctions for the anniversary of Russia's invasion of Ukraine on Feb. 24.

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