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Saturday, November 23, 2024

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Russian Authorities

JP Morgan And Bank Of New York Mellon’s Funds Frozen By Russian Authorities

03 Oct 2024

The Moscow Region Arbitration Court has frozen approximately $372 million in funds belonging to the U.S. Bank of New York Mellon and JP Morgan Chase Bank held by their Russian affiliates. This decision was made public on Wednesday and stems from actions initiated by Russia's deputy prosecutor. Legal Action in...