Russia Sues Euroclear for $229 Billion in Moscow, Tass Says

The Euroclear headquarters in Brussels.

Photographer: Simon Wohlfahrt/Bloomberg

The Bank of Russia filed a lawsuit in Moscow seeking 18.2 trillion rubles ($229 billion) from Euroclear, the state-run Tass news service reported Monday.

The central bank said in a statement Friday that it would sue the Belgium-based depository for “unlawful actions” that make it “impossible for the bank to dispose of its funds and securities.”