By Andrei Skvarsky. Societe Generale lost 146.6m euros through fraud at Rosbank, the French bank’s Russian subsidiary, in 2007. The fraud was committed …
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Posts tagged as:
Russia
By Andrei Skvarsky. Otkritie has decided to cut its personnel by 10%, following other Russian banks that have embarked on redundancy schemes. About …
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By Andrei Skvarsky. Sberbank has announced it is buying a Russian unit of Europe’s largest insurance company, Allianz. Sberbank’s 100% takeover of Allianz …
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By Eric Kraus, author of the Truth and Beauty (and Russian Finance). The good news is that we have a ringside seat …
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By Andrei Skvarsky. Bank of America Merrill Lynch has announced it “is strengthening its infrastructure” in Russia and is going to make …
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By Andrei Skvarsky. Jailed Russian tycoon Mikhail Khodorkovsky has stashed between 15m and 20m euros on an account in Swiss bank Julius …
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By Andrei Skvarsky. Russian stock exchanges Micex and RTS have warned they will not issue trading schedules for the New Year holiday season of …
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By Andrei Skvarsky. Russia’s VTB Group plans to make 1,500 employees – one-third of its personnel – redundant by the end of 2013 as …
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By Andrei Skvarsky. Dutch bank ING has made a series of hires for its investment banking team in Russia over the past …
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Arthur McCallum Arthur McCallum, Head of Strategy at Eavex Capital. The October 11 sentencing of Yulia Tymoshenko to seven years in jail and …
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By Andrei Skvarsky. Wounded European banks UniCredit Group, Raiffeisen, Societe Generale and KBC Group are the next most likely targets for acquisition-hungry …
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By Marcus Williams. The exchanges of the emerging markets bloc of Brazil, Russia, India and China are forming an alliance to help …
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By Andrei Skvarsky. Russian broker Renaissance Capital has hired Morgan Stanley veteran John Hyman as a Moscow-based co-head of investment banking and …
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China’s sovereign wealth fund agreed yesterday to invest $1bn in a Kremlin-backed investment vehicle during a visit by Russian Prime Minister Vladimir Putin. China …
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