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Russia's VTB may move from London to China

Business & Finance : Business Report

VTB, Russia's No.2 bank, may delist from the London Stock Exchange (LSE) in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said. ||| Beij...

?EU sanctions on Russian finance could cripple London

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``If agreed, EU sanctions would apply to all Russian banks that are more than 50 percent state-owned. Sberbank, VTB, the country's two largest lenders, are both listed on the London Stock Exchange and have offices there. If Russian ...

VTB of Russia Sees Opportunities Amid Europe's Woes

Business & Finance : DealBook

Alexey Yakovitsky, chief executive of the Russian investment bank VTB Capital, said in an interview that troubles in the euro zone economy were "undermining the European banking system" and creating opportunities for banks like his.

VTB Capital hires bankers amid cull

Business & Finance : Business Report

Russian investment bank VTB Capital is taking advantage of massive job cuts by its western European peers to recruit bankers as it seeks to expand its international staff, one of its top executives said. ||| Russian investment bank ...

A major Russian bank is turning its back on London because of Brexit

Business & Finance : Business Insider: Clusterstock

VTB, Russia's second biggest bank, is moving its European headquarters out of London in response to Brexit, according to a report in the Financial Times. VTB, which is 61% state-owned by the Russian government, is considering a rang...


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