Russian authorities seize Google bank account.

M2 EQUITYBITES-May 19, 2022--Russian authorities seize Google bank account


Global Banking News - 19 May 2022

Google's Russian subsidiary is looking to file for bankruptcy after its bank account was seized by authorities.

The seizure has made it impossible to pay salaries and payments to vendors. The firm's free services will continue to operate. The unit had been under pressure for months after it failed to...

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