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 ...
MOSCOW (Reuters) - Bank of Moscow received the largest bailout in Russian banking history Friday after a hostile takeover bid by VTB revealed a gaping hole in the books of Russia's fifth-largest bank.
Add Yahoo as a preferred source to see more of our stories on Google. Participants gather in Moscow's Arbitration Court to hold a hearing to consider a lawsuit by Russia's Central Bank against Belgium ...
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 ...
A bank closely linked to oil major Rosneft has become the first among Russia’s top 10 lenders by assets to post a net loss, highlighting mounting strains in the country’s banking sector. Credit Bank ...
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 ...
Russia's Central Bank has filed a lawsuit against Belgian financial institution Euroclear, the Brussels-based clearing house that holds most of Moscow's frozen assets in Europe, the bank said Friday.
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