Tuesday, January 28, 2014

Russian Bank Halts All Cash Withdrawals | Zero Hedge

It would appear the fears of a global bank run are spreading.

From HSBC's limiting large cash withdrawals (for your own good) to Lloyds ATMs going down, Bloomberg reports that 'My Bank' -one of Russia's top 200 lenders by assets -has introduced a complete ban on cash withdrawals until next week.