Russian Court Orders Seizure of $440 Million from J.P. Morgan Russia is set to seize $440 million from the largest United States bank, JPMorgan. Specifically, a Russian court ordered the seizure after a lawsuit from lender VTB. The lawsuit was filed in order to recover losses connected to the US-based bank. The court has reportedly ordered the complete seizure of all funds that JPMorgan holds in the country. However, they will not seek the confiscation of securities or property. Moreover, Moscow’s decision took place after the US Senate passed legislation sending...