Today news
About the same in other media
Assets frozen in former JPM Russia trust over alleged debts to VTB
Reading now: 110
investmentweek.co.ukAccording to a regulatory filing, JEMA is one of a range of JP Morgan entities that have been named as defendants in civil proceedings brought by VTB in Russian courts, which were commenced on 17 April. The claim relates to $439m held in a correspondent bank account with JP Morgan Chase Bank's New York branch, which has been blocked due to sanctions. The board of JEMA stated it was unaware of any connection between the trust and «amounts owing to VTB». Smaller board and new manager for reformed JPM Russia portfolio A Russian court granted VTB a freezing order in support of its c...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Gurpatwant Singh Pannun case: Russia dismisses US allegations on India for foiled murder plot livemint.com /5 months ago
EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets abcnews.go.com /5 months ago
EU envoys agree to use profits from frozen Russian assets for Ukraine livemint.com /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
