Russia
26th February 2016
Russia's central bank on Friday removed the licences of three small banks, part of a long-running campaign to clean up the country's financial sector. Read More
19th February 2016
VimpelCom, the Amsterdam-based telecoms company, has agreed to pay $835m to settle US and Dutch charges that it paid massive bribes to enter the Uzbekistan telecommunications market, the US justice department has said. Read More
11th February 2016
MOSCOW – Russia’s central bank told Deutsche Bank about suspicious trades made by the German bank’s clients via its Moscow office in 2014 and an investigation began after that, a senior central bank official said on Thursday. Read More
9th February 2016
Russia on Tuesday began its appeal in the Netherlands against an international arbitration order that Moscow pay $50 billion in damages to shareholders in the defunct Russian oil giant Yukos. Read More
9th February 2016
Moscow (AFP) – Russia’s central bank said Monday it had revoked the licenses of two more banks as part of government efforts to consolidate the sector as economic troubles mount. Read More
9th February 2016
Financial transactions worth 11.7 trillion rubles ($152 billion) were classified as “suspicious” in Russia last year, the TASS news agency reported Monday, citing state financial watchdog Rosfinmonitoring. Read More