Russian Banks Turn to China to Sidestep Cutoff From Payments Systems


The move by some Russian Banks to use China’s state-owned UnionPay system signaled a shift toward greater cooperation between the two countries to help Moscow find alternative ways to connect to the global financial system.

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EY Fails to Reach Deal on Split

A revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who believe their