Legal
Luxembourg's Clearstream faces €4 billion claim from Iran
Clearstream, 100% owned by Deutsche Börse, says claim "without merit"
Clearstream, an international central securities depository based in Luxembourg, is being taken to court by the Central Bank of Iran, Bank Markazi.
Bank Markazi is seeking around $4.9 billion (€4 billion) in assets plus interest, Deutsche Börse, which owns 100% of Clearstream, said in a statement. Rome-based Banca UBAE is named as a co-defendent, it said.
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