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JPMorgan Chase Warns Bank's Assets May Be Seized in Russia After $1,4b Write-Offdailyhodl.com/2024/05/11/jpmorgan-chase-warns-banks-assets-may-be-seized-in-russia-after-1460000000-write-off-report/
147 sats \ 7 comments \ @ch0k1 12 May bitcoin
JPMorgan Chase is preparing for the prospect that its assets in Russia will officially be seized, according to a new report.
In a new filing, the bank says lawsuits in Russian and US courts may trigger an incoming seizure of the firm’s assets in the country, reports Reuters.
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0 sats \ 1 reply \ @Satosora 13 May
Hasnt Russia seized everything that wasnt theirs? I know they did that to Apple and other companies. Mcdonalds is its own brand there now.
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10 sats \ 0 replies \ @ch0k1 OP 13 May
They voluntarily chose to leave and this was part of the process
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0 sats \ 3 replies \ @Hamstr 12 May
I didn't even read the article yet, but you have to admit it's hilarious.😂🤣 But i don't get why they're worried about it so much when it's just paper. Not even backed by any asset.
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0 sats \ 2 replies \ @ch0k1 OP 12 May
🤣😅
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0 sats \ 1 reply \ @Hamstr 12 May
what are you developing these days?
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0 sats \ 0 replies \ @ch0k1 OP 12 May
These days nothing in particular
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0 sats \ 0 replies \ @emmanuelrosa 12 May
Thieves complaining that someone is trying to steal from them.
It reminds me of the phrase... You get what you fucking deserve!
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