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JPMorgan weighs the risks

Vladimir Putin Clasps Hands

After a handful of regulatory mishaps including loose oversight of money-laundering controls, JPMorgan Chase is taking no chances.

Russia sanctions threatens London deals

London

Russian companies have made $180bn in deals globally in the past two years, providing steady profits to London bankers, lawyers, and image crafters as the city has become a hub for such transactions. Sanctions being imposed by the U.S. and European Union threaten that business.

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