April 19, 2022

Stroock Podcast

On this week’s episode of “The New Cold War: Risk, Sanctions, Compliance,” Stroock Partner Tom Firestone talks to Steve Fisher, who spent 34 years with Citibank, including 16 years in Russia and Ukraine, and is the author of Into Russia’s Cauldron, a study of the opening of a Citibank precursor, the National City Bank of New York, in Russia in 1916, on the eve of the Russian Revolution.

Steve and Tom discuss:

• The effect of the sanctions on the Russian economy
• The new sanctions on Sberbank and Alfa Bank, two of Russia’s largest banks
• Where the Russian economy will be in six months
• How long the Russian government can financially support the war in Ukraine
• Steve’s book, Into Russia’s Cauldron and historical analogies to the present situation

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