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Today's paper. Last Updated: 05/28/2012
Articles by Daniil Zhelobanov

Udmurtia Bank Wants Clients to Cover Losses

By Daniil Zhelobanov / Vedomosti
A bank in the republic of Udmurtia lost 98.68 percent of its clients' money last month, but the lender is asking clients to deposit more funds so it can cover the losses.

Troika Dialog Drops to 5th Place by Asset Volume

By Daniil Zhelobanov / Vedomosti
Troika Dialog has fallen from the list of the country's top three asset management companies, according to data from the National Rating Agency.

Central Bank Averts $44M Pension Fund Heist

The Pension Fund discovered the theft Monday when it received a notice from the Central Bank that 1.25 billion rubles had been transferred from its account.

Central Bank Foils Theft of Pension Fund

The theft was discovered Monday when the fund received a notice from the Central Bank that 1.25 billion rubles ($43.5 million) had been transferred from its account.

VEB Asks to Sell Shares Bought Last Fall

The National Welfare Fund made a five-year deposit with VEB on Oct. 21, 2008, at 7 percent interest to buy shares as the stock market was plummeting.

VEB Wants to Sell Shares Bought With State Funds

The fund made a five-year deposit with VEB on Oct. 21, 2008, at 7 percent interest to buy shares as the stock market was plummeting.

Number of Funds Grows During Challenging Year

By Daniil Zhelobanov / Vedomosti
In the past year, mutual funds alone have lost $4.7 billion, but the number of registered mutual funds has grown 10 percent in the same period, evidence that the sector can survive despite the crisis.


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