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Russian court seizes Deutsche Bank assets as part of lawsuit

UPDATE 1-Russian court seizes Deutsche Bank assets as part of lawsuit Changes sourcing, adds detail, background in paragraphs 2-7 MOSCOW, May 18 (Reuters) - A Russian court has ordered that Deutsche Bank's DBKGn.DE assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German bank, court documents showed. The bank was one of the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was termina
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Russian court seizes Deutsche Bank assets and accounts as part of lawsuit, TASS reports

Russian court seizes Deutsche Bank assets and accounts as part of lawsuit, TASS reports MOSCOW, May 18 (Reuters) - A Russian court ordered that Deutsche Bank's DBKGn.DE assets, accounts and property be seized in Russia as part of a lawsuit involving the German bank, the TASS news agency reported. Reporting by Reuters; editing by Guy Faulconbridge
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European Banks are 'so back' says Goldman Sachs

LIVE MARKETS-European Banks are 'so back' says Goldman Sachs Main U.S. indexes little changed Energy leads S&P 500 sector gainers; Tech weakest group Euro STOXX 600 index off ~0.1% Dollar ~flat; crude up; gold up >1%; bitcoin up ~3% U.S. 10-Year Treasury yield rises to ~4.41% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Russian court seizes 463 mln euros of UniCredit assets

UPDATE 4-Russian court seizes 463 mln euros of UniCredit assets UniCredit issued guarantees in 2021 over gas plant project Project aborted due to Western sanctions UniCredit unable to honour guarantee claims due to sanctions Adds UniCredit statement in paragraph 4 MOSCOW, May 17 (Reuters) - A Russian court has ordered that UniCredit's CRDI.MI assets, accounts and property, as well as shares in two subsidiaries, be seized as part of a lawsuit over an aborted gas project involving the Italian bank
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Top of the Street: Roche, Inditex, Lanxess, Fortum

BUZZ-Top of the Street: Roche, Inditex, Lanxess, Fortum A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Jefferies cuts German chemicals maker Lanxess LXSG.DE to "underperform" from "hold", citing a too-high financial risk related to its debt ** Morgan Stanley downgrades UK-based online car marketplace Auto Trader Group AUTOA.L to "underweight" from "equal-weight", saying the "Deal Builder" service is not driving meaningful growth for another 1-2 years **
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