Posts Tagged ‘

VTB

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Snap news

Posted by Sam Jones on Apr 23 07:35. Comment.

Breaking pre-market news on Thursday,

- Credit Suisse reports revenues at CHF9.5bn (Q1 08: CHF2.9bn) – statement, FT story.

- Northern Rock sees debt owed to the government increase to £9.8bn (Dec 08: More…

Barcski Bank?

Posted by Paul Murphy on Oct 28 08:03. Comment.

The mental image of a barrel and the sound of scraping sprang to mind on Tuesday after the WSJ reported that Barclays is seeking investment from two state-backed Russian banks to shore up its capital base. More…

Russia lends banks $37bn to stem crisis

Posted by Gwen Robinson on Oct 08 05:39. Comment.

Russia said Tuesday it would pump $37bn in long-term subordinated loans into state-controlled banks in a fresh attempt to stem a deepening financial crisis that has seen the steepest losses ever on the Russian stock exchange. More…

Signs of trouble for Russia’s banks

Posted by Sam Jones on Oct 11 05:09. Comment.

Disclosures from the Central Bank of Russia (CBR) on Wednesday reveal widespread liquidity trouble for the Russian banking system. The CBR announced a package of measures to stave off trouble; lowering minimum reserve requirements and accepting credit as collateral. More…