JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank - A Russian court sided with state-run lender VTB Bank in its efforts to recoup $439.5 million from JPMorgan Chase that VTB says the U.S. lender froze after the Ukraine invasion. - The court ordered the seizure of funds in JPMorgan's Russian accounts and "movable and immovable property," including its stake of a Russian subsidiary, according to a filing published Wednesday. - VTB …