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    JEMA — JPMorgan Emerging Europe Middle East & Africa Securities News Story

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    Brief: JPMorgan Emerging Europe Middle East & Africa Securities Named As Defendant To Proceedings Brought By VTB

    Picture of JPMorgan Emerging Europe Middle East & Africa Securities logoJPMorgan Emerging Europe Middle East & Africa Securities
    25/04/2024 18:16
    April 25 (Reuters) - JPMorgan Emerging Europe Middle
East & Africa Securities PLC  JEMA.L :
    * JPMORGAN EMERGING EUROPE MIDDLE EAST & AFRICA SECURITIES
PLC:
JEMA NAMED AS DEFENDANT TO CIVIL PROCEEDINGS BEING BROUGHT BY
VTB IN RUSSIAN COURTS
    * JEMA: CLAIM BROUGHT AGAINST CERTAIN J.P. MORGAN ENTITIES
OVER
$439M HELD IN CORRESPONDENT BANKING ACCOUNT WITH JPMCB BLOCKED
DUE TO SANCTIONS
    * JEMA: CO ARE "NOT AWARE OF ANY NEXUS BETWEEN JEMA AND
AMOUNTS
OWING TO VTB"
    * JPMORGAN EMERGING EUROPE MIDDLE EAST & AFRICA SECURITIES:
PROCEEDINGS INCLUDES JEMA'S HOLDINGS IN 26 RUSSIAN SECURITIES
AND CASH HELD IN CO'S ACCOUNT

Source text for Eikon:  ID:nRSY1127Ma 
Further company coverage:  JEMA.L 

 ((Reuters.Briefs@thomsonreuters.com;))

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