JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank – CNBC
The order comes after VTB filed a lawsuit in St. Petersburg’s Arbitration Court last week seeking full return of funds frozen in the U.S. and relief from JPMorgan’s announcement of plans to withdraw from Russia. It is. The next hearing in the Russia case is July 17th. JPMorgan declined to comment. VTB did not immediately […]