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Articles with tag "VTB"
Nothing to lose
Sanctioned Russian Banks To Expand Into Crimea
Heavily sanctioned by the West, most Russian banks now have little to fear from working in the annexed territory.
SHARE SHUFFLE
Fading Sanctions Fears Push VTB to Retake Control of Pochta Bank
VTB to reverse the deal which saw it relinquish majority control following U.S. sanctions on Russia in 2014.
BLACK MONDAY
Russian Share Prices Collapse, Ruble and Oil Tumble
‘Black Monday’ sees state-backed Sberbank, VTB, Rosneft and Gazprom all suffer multi-billion dollar hits to their share price.
payback time
Russia's VTB Sues Mozambique State Firm at Center of $2B Debt Scandal
The VTB loan was part of a costly project that U.S. authorities say was an elaborate front for a bribery and kickback scheme.
Love don't cost a thing
5 Things to Know About Russia’s Alleged Banker-TV Anchor Couple
Alexei Navalny’s latest investigation claims that a state banker showered a television anchor with millions of dollars of gifts.
Expelliarmus
Russian Bank Execs Vow to Fight ‘Lord Dollar-de-Mort’ in Harry Potter Cosplay
U.S. sanctions sometimes have unintended results.
GRAIN GAINS
Russia’s VTB Banking on Crops Expansion
The state-backed bank has enlisted Putin’s help to become a national grain champion.
AFRICA ALLEGATIONS
Russia’s VTB Bribe Claim May Set Back Kremlin Bank's Africa Ambitions
Senior bank executive accused of taking $2 million in kickbacks.
AFRICAN DEBT
Russia’s VTB Bank Demands $500M from Mozambique Government
Mozambique guaranteed $500 million of VTB loans for defense and development projects which have been hit by a corruption scandal.
'serious interest'
VTB in Talks With China on EN+ Investment – FT
Commodities and energy giant EN+ was under U.S. sanctions for the second half of last year.
Wheat Industry
'Dear Vladimir': VTB Asks for Putin's Help to Create Russian Grain Champion
VTB has written a letter to Putin asking for greater state control over grain exports to curb the role of foreign traders.
Banks
Head of Major Russian Bank Greets Investors in Star Wars Jedi Costume
Kostin, the sanctioned head of VTB, was seen wearing an Obi Wan Kenobi costume at Russia’s largest financial conference this week.
Banks
Russian Bank Reports Assigning $12Bln Loan to Poor African State by Mistake
The reported loan was more than six times the country's annual economic output.
VTB
Russian Bank Apologizes After CEO Calls UK's Boris Johnson a 'Jerk'
"Look at the jerks in the West, say at Johnson and others," Kostin said, to applause.
Oligarchs
Russia's VTB Bank Stops Lending to Sanctions-Hit Deripaska
VTB would “potentially” cease lending to other Russian tycoons targeted by U.S. sanctions, Kostin said.
VTB
West Is Waging 'Economic War' on Russia to Topple Kremlin — Bank CEO
Kostin described western sanctions as a “full-scale attack on Russia, on Russian society.”
Banks
Russia's VTB Bank Fined $5M for Illegal Trades
The U.S. Commodity Futures Trading Commission (CFTC) has fined Russia's VTB Bank $5 million after accusing the company of illegal trading. The St. Petersburg-based...
VTB
Russian Lender VTB Excluded From 2016 Privatization
First Deputy Prime Minister Igor Shuvalov announced that the government would not sell Vneshtorgbank (VTB) shares in 2016. “We consulted and decided...
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