“The U.S. may have discovered a new secret weapon against Russia. A quiet round of what some call unofficial sanctions are about to be lobbed on Russian banks, sending them reeling as President Barack Obama and top lawmakers this week discuss another sanctions round. Obscure tax negotiations the U.S. suspended with Russia amid the Ukraine-Crimea standoff earlier this month will hit the banking sector hard in the coming weeks, experts say — so hard that they’d actually do more damage than the widely publicized official sanctions levied on a few dozen select Russian officials and one bank. More than 800 Russian banks could take a hit, with customers running for the exits.”
http://dyn.politico.com/printstory.cfm?uuid=B0E0B7F9-7222-45E3-8EAE-E18B15FB9C9B
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