MOSCOW, Aug 2 (Reuters Breakingviews)- The mammoth $14 bail-out of the Bank of Moscow wasn’t a fiasco for everyone. A month after the embarrassing rescue of the troubled Moscow lender by state-owned ...
New developments show the path for Western banks trying to exit Russia has gotten tougher. Moscow will block the sale of Western bank assets to local Russia buyers, sources told Bloomberg. The biggest ...
The FINANCIAL — MOSCOW. Russia's second largest bank, VTB has not yet gained control of Bank of Moscow, the Moscow government's lender, a VTB official said on March 21, according to RIA Novosti. "VTB ...
State-owned Vneshtorgbank is set to continue its rapid expansion via a share swap to acquire several foreign banks owned by the Russian central bank, including London-based Moscow Narodny Bank and ...
LONDON (Reuters) -Dutch bank ING Groep said on Tuesday it had reached an agreement to sell its business in Russia to local company Global Development JSC, taking a 700-million-euro ($730 million) hit ...