Investment Banking

Banks face fury on Russia after law firm exodus: ‘It’s a mystery why banks aren’t pulling the plug’

'Everybody has a duty to isolate Russia and Putin,' said Bill Browder, a long-time critic of Russia's president

Critic of Putin, Bill Browder, is among a chorus of voices saying banks have a moral duty to exit Russia
Critic of Putin, Bill Browder, is among a chorus of voices saying banks have a moral duty to exit Russia Photo: Tolga Akmen/Getty Images

Western financial services companies are heading for the door in Russia.

Deloitte, EY, PwC and KPMG have become the latest to join a flurry of legal and professional services firms to cut ties with the country after its invasion of Ukraine.  

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