Support The Moscow Times!

Goldman Takes Bank Stake

Goldman Sachs invested 6.9 billion rubles ($231.4 million) in Bank of Moscow, acquiring a minority stake during a new share sale, the lender said.

Goldman Sachs acquired a 3.88 percent stake, boosting the bank’s equity by 9.6 percent, the Bank of Moscow said. 

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.