Russian court orders seizure of JPMorgan Chase funds in Russia .

A Russian court has ordered the seizure of funds in JPMorgan Chase bank accounts in Russia, as part of a lawsuit filed by state-owned bank VTB to regain funds blocked abroad. JPMorgan Chase sued VTB in New York to halt the recovery process. The court's interim measures were dated April 22 and include the seizure of all funds in JP Morgan's Russian accounts.

April 24, 2024
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