A St. Petersburg court seized more than $763 million in assets from Unicredit, Deutsche Bank and Commerzbank following a dispute with a Gazprom subsidiary. The seizure, one of the largest since Moscow’s invasion of Ukraine, includes $504 million in assets from Unicredit, about 4.5% of its total assets.
Western bank faces massive asset seizure in Russia amid dispute over Gazprom subsidiary
By Crypto Flexs1 Min Read
