this post was submitted on 14 Oct 2024
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Russian court freezes funds of US banks JP Morgan and Mellon (www.reuters.com)
submitted 5 days ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] chesmotorcycle@lemmygrad.ml 9 points 5 days ago

FAFO

The Moscow Region Arbitration Court on Wednesday froze funds of the U.S. Bank of New York Mellon (BK.N), opens new tab held by the Russian branch of Citibank (C.N), opens new tab as well as funds of JP Morgan Chase held by its Russian affiliate of Morgan Chase Bank amounting in total to about $372 million.