morningstar.com

anzo , an Europe in Russian court seizes assets from European banks UniCredit, Deutsche Bank and Commerzbank

Expected. Iirc the Russian assets confiscated by EU were in the order of billions and not millions.

Kekzkrieger ,

well no

The money from Russian assets was frozen, which is quite different.

Frozen assets cannot be cashed out or be used in any way by anyone. Once the reason for the freezing are gone, the access to these assets goes back to whomever owns them.

Confiscated assets will usually not be returned to the owner.

anzo ,

Ah, you're right. The news that I recall were about using the assets' revenue to fund Ukraine

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