What exactly is the SWIFT banking system? It allows financial institutions around the world to communicate quickly and efficiently. Seven Russian banks are being banned from the system.

Taylor Swift's team announced that her dad, Scott Swift, was recovering from a quintuple bypass. Here's what to know about ...

As President Biden and other world leaders mull additional sanctions against Russia, one of the most severe proposals would sever the Kremlin’s access to the SWIFT international payments systems.

Launched in 1973, SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a Belgium-based system that facilitates international transactions and money transfers for banks ...

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

Cutting Russia out of the SWIFT financial system is one of the heaviest steps the U.S. and its allies could take.

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

Booting Russia from SWIFT, the coalition said, "will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally." ...

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.

Some financial analysts have likened ousting Russia from SWIFT as a “nuclear option,” and would be an unprecedented move against one of the world’s largest economies.