JPMorgan Chase sues VTB Bank over frozen funds
Edited By WION Video Desk
Published: Apr 19, 2024, 05:20 IST | Updated: Apr 19, 2024, 05:20 IST
JPMorgan Chase, one of the largest banks in the United States, has taken legal action against russia's state-owned VTB Bank. At the heart of the dispute is a sum of $439.5 million, which remains frozen following Russia's invasion of Ukraine and subsequent sanctions imposed on VTB Bank.
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