Deutsche Bank and UniCredit sue Linde over Russia sanctions losses
- Posted on July 13, 2026
- By Financial Times
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- 1 min read
Deutsche Bank and UniCredit have initiated legal proceedings against Linde, a major industrial gases company, seeking to recover substantial financial losses stemming from Russia-related sanctions. This landmark litigation will establish crucial legal precedent regarding whether financial institutions can pursue compensation for frozen assets and sanctions-imposed damages. The case examines corporate accountability and lender protection mechanisms in geopolitical crises, potentially affecting hundreds of millions in disputed funds across the European banking sector.
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