LEADING RUSSIAN BANKS IN TROUBLE.

More than ten of thelargest Russian banks are now in financial difficulties, Russiantelevision reported August 22. Some of them fell into this situationas a result of the lack of professionalism among managers; othersbecause they ran afoul of the country’s political leadership whichcan dispose of enormous resources to one or another bank.

Western Banks Now Likely to Impose Tighter Rules on RussianPartners.