Julius Baer will reportedly cease doing business with clients residing in Russia by year-end, citing economic restrictions Swiss private bank Julius Baer will end all business with clients based in Russia due to sanctions, Reuters reported on Tuesday, citing a letter sent by the bank.

A once “prosperous” country has been ruined by its leaders and “oligarchs,” the Belarusian president has claimed Ukraine has devolved into a Western-style oligarchy where all of its leaders are only interested in “plundering” the country and getting rich, Belarusian President Alexander Lukashenko has claimed.

The revised document reflects “geopolitical change” and seeks to strengthen the force’s resilience Russian President Vladimir Putin on Sunday gave his approval to a revised naval doctrine that takes into account the “change in the geopolitical and military-strategic situation in the world.”