> The bank said it was no longer able to supply liquidity to European subsidiaries following an order from Russia's central bank, which is seeking to preserve foreign currency. But it said capital and assets were sufficient to pay all depositors.

I wonder if customers of their European subsidiaries are protected by an EU-equivalent of FDIC, guaranteeing their deposits? (I accidentally wrote "despots", haha..)

EDIT: I suppose it's the European Banking Union. https://en.wikipedia.org/wiki/European_Banking_union