vladimir putin speech
Russian President Vladimir Putin
  • Russia's deputy finance minister said the country will not let foreign banks exit the market easily, per Reuters.
  • Russia's decision to allow the banks to leave will "depend on the decision to unfreeze Russian assets," he said.
  • Russia has been imposing punitive measures on companies exiting the Russian market.

Russia's imposing increasing costs for corporate breakups by foreign banks — it's now demanding that they unfreeze Russian assets if they want to exit the market.