CNBC · 20 Oct, 12:38 · Finance briefing

Banks won't finance Russia re-entry deals, says Oliver Wyman's Daniel Tannebaum

According to CNBC, Daniel Tannebaum of Oliver Wyman states that banks will not finance deals aimed at facilitating Russia’s re-entry into global markets.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

According to CNBC, Daniel Tannebaum of Oliver Wyman states that banks will not finance deals aimed at facilitating Russia’s re-entry into global markets. This indicates a sustained financial blockade, suggesting that institutional lenders remain unwilling to engage with transactions involving Russian assets or entities. For professionals, this confirms the continuation of strict capital restrictions and highlights the enduring complexity of cross-border financial operations in sanctioned jurisdictions.

Employer demand for Compliance And Governance skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

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This development signals that geopolitical risk remains a dominant factor in global finance, directly impacting roles in international banking and corporate strategy. You should prioritise skills in compliance, sanctions analysis, and alternative financing structures, as traditional lending channels remain closed. Professionals in risk management must deepen their expertise in regulatory frameworks to navigate these restrictions effectively. If you work in sectors exposed to Eastern European markets, focus on diversifying revenue streams and strengthening domestic supply chains. A smart next step is to upskill in regulatory technology and ethical compliance, ensuring you can advise clients on navigating complex legal landscapes without breaching international sanctions.

For this story, the fields that convert it into pay are Compliance And Governance, Risk Management Strategies, Finance and Accounting and Crisis Management — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

Matched to this story

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