British banks oppose push to steal frozen Russian assets – FT
Dec 12th 2025 5:22am EST
Lenders reportedly fear retaliatory lawsuits from Moscow British bankers have pushed back against plans to use the frozen Russian assets they hold to fund a loan for Ukraine, the Financial Times reported on Thursday. Kiev’s Western backers froze about $300 billion in Russian central bank assets after the conflict escalated in 2022. UK banks hold […]
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