Russian court seizes 463 mln euros of UniCredit assets
A Russian court has ordered that UniCredit’s assets, accounts and property, as well as shares in two subsidiaries, be seized as part of a lawsuit over an aborted gas project involving the Italian bank, court documents showed, according to Reuters.
The ruling by a St Petersburg arbitration court covers 462.7 million euros ($503 million) in securities, real estate and accounts belonging to UniCredit as well as 100% of shares in UniCredit Leasing and UniCredit Garant.
UniCredit said in a statement that the seizure affected only a fraction of their Russian unit’s assets, not the entire subsidiary. „The rest of the details we are currently reviewing,” it said.
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
