How Correspondent Banking Can Enable Sanctions Evasion

NYT Business•Fri, Oct 9, 2026, 06:34 PM•2 min read

The correspondent system for banking has enabled globalism — and has been exploited by companies trying to skirt U. S. sanctions.

Source: [NYT Business](https://www.nytimes.com/2026/10/09/business/correspondent-banking-russia-sanctions-evasion.html)

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