Russia Sues Euroclear for $229 Billion in Moscow, Tass Says
The Euroclear headquarters in Brussels.
Photographer: Simon Wohlfahrt/BloombergThe 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.”