JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank - CNBC

The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.

By: CNBC

Apr 26 2024
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A Russian court sided with state-run lender VTB Bank in its efforts to recoup $439.5 million from JPMorgan Chase that the American lender froze in U.S. accounts after the Ukraine invasion. The court… [+1973 chars]

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