Archive

Mapped: Where Russia Stashes Its Cash

If the U.S. and the European Union really want to go after Russia’s assets, they’ll have to go to Cyprus, the Netherlands, and the British Virgin Islands.

articles/2014/03/19/mapped-where-russia-stashes-its-cash/140319-cnbc_ojto7o
Patrick Baz/AFP/Getty
articles/2014/03/19/mapped-where-russia-stashes-its-cash/cnbc_article_header_l2kakm

By CNBC’s John Schoen. Follow him on Twitter @johnwschoen or email him.

For now, U.S. and EU sanctions in response to the annexation of Crimea are limited to freezing the banks accounts of a few Russian individuals.

But if Western powers decide to tighten the screws by freezing Russian assets outside of...

We think “subscriber” would look good on you. Join now to unlock access.

Don't miss this subscriber exclusive article. 

Got a tip? Send it to The Daily Beast here.