News Russia Banks: Russians Yank Billions From Banks Amid Kremlin Seizure Fears
Taras Skvortsov, chief financial officer at Sberbank, Russia's largest bank, has warned that the cash drain is creating liquidity problems across the banking sector. He attributed the pressure partly ...
News Russia Banks: Russians ‘withdraw billions from banks over fears Putin will seize deposits for war’
Russian citizens are withdrawing billions of roubles from the country’s banks over fears that the Kremlin could seize deposits to fund the war in Ukraine. Analysts say fears that the Kremlin could ...
News Russia Banks: Arron Banks sues journalist after claims he had ‘covert relationship with Russian government’
A prominent Brexit backer has accused an investigative journalist of spreading “nonsense” in a personal attack on him, as he sues her for defamation. Arron Banks, a major donor to the Leave.EU ...
News Russia Banks: Russian Tinkoff bank acquires stake in Swiss Aximetria
Russian bank Tinkoff has revealed it purchased a stake in Swiss digital company Aximetria. TCS Group Holding, the owner of Tinkoff, hasn’t announced the exact numbers but, according to unofficial ...
News Russia Banks: The U.S. seems ready for tougher sanctions against Russia. But is Europe?
Two threats lie behind the high-level talks between the West and Russia over security guarantees — Russia’s threat to invade Ukraine and the U.S. threat to impose “high-impact” financial and economic ...