February 25, 2021

OAS Takes up Caribbean & Central America’s Banking Worries

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By Alison Kentish From teleSUR US banks are cutting off correspondent banking relations in the hemisphere, creating panic among financial institutions Caribbean heads of government say “derisking” by U.S. banks is causing the destruction of their economies. The region has been branded “a high-risk area” for financial services and banks in the U.S. are cutting […]