Seizing Russian Assets Risks Unintended Outcomes, Euroclear Says
This article is for subscribers only.
Euroclear Ltd. Chief Executive Officer Valerie Urbain warned of unintended consequences if the European Union were to confiscate frozen assets from Russia’s central bank.
US President Donald Trump is pressuring Ukraine to negotiate with Russia and certain options for peace will come with risks, Urbain told Bloomberg Television at the World Economic Forum in Davos on Friday. Russia’s frozen assets could be an element in the negotiations, she added, acknowledging that some officials are interested in pushing ahead with a confiscation.