Tag: VTB Bank
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
Russians are feeling the effects of the sanctions
Moscow Children’s birthday party in the Moscow cafe “Piterburger”. Eight boys between the ages of ten and eleven buzz around Jelena. “I want the Stary Bro!” Cyril yells in her…
Some investors are stuck in Russian securities
Moscow Stock Exchange No trading on Monday and Tuesday. (Photo: Bloomberg/Getty Images) Frankfurt Investments in Russian securities not only lost massively in value after the sanctions imposed by Western countries…
European subsidiary of VTB Bank stops opening new accounts
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt The second…
Are the Greens and SPD going along?
Berlin Olaf Scholz took them all by surprise. “From now on, we will invest more than two percent of gross domestic product in our defense every year,” announced the chancellor…
Situation at noon – Lavrov rumbles, Shoigu threatens
Foreign Minister Sergey Lavrov threats against the western world. (Photo: imago images/SNA) Dusseldorf It is Russian Foreign Minister Sergei Lavrov who is launching a sweeping attack this Tuesday. The EU…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Frankfurt The EU subsidiaries of the largest Russian money house Sberbank are on the verge of collapse. According…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Moscow, Frankfurt, Dusseldorf The Russian Central Bank and the Ministry of…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Moscow, Frankfurt, Dusseldorf The Russian Central Bank and the Ministry of…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Vienna The EU’s tougher financial sanctions against Russia are claiming a first victim. According to the European Central…
EU subsidiaries of Russia’s Sberbank go bankrupt
Sberbank The EU subsidiary of the state-run bank is insolvent. (Photo: Reuters) Vienna The EU’s tougher financial sanctions against Russia are claiming a first victim. According to the European Central…
Which billionaires are blacklisted
Sanctioned Russians Igor Sechin, Alexei Miller, Maria Zakharova, Margarita Simonyan, Arkadi Rotenberg, Boris Rotenberg (from left to right). Moscow, Berlin, London Vladimir Putin has taken precautions: a few weeks ago…
EU tightens sanctions against Russia’s financial system – but not completely
Demonstration in London Broad wave of solidarity. (Photo: imago images/ZUMA Wire) Düsseldorf, New York, Brussels, Berlin, Frankfurt The EU, US and other Western allies further isolated Russia’s financial system over…
Managers in Russian service: Lure of dubious money
Gerhard Schroeder and Matthias Warnig The Chancellor a. D. and the Nord Stream 2 boss hire themselves out to Russian companies. (Photo: imago images/ZUMA Wire) Paris, Dusseldorf, Hamburg, Berlin The…
Managers in Russian service: Lure of dubious money
Gerhard Schroeder and Matthias Warnig The Chancellor a. D. and the Nord Stream 2 boss hire themselves out to Russian companies. (Photo: imago images/ZUMA Wire) Paris, Dusseldorf, Hamburg, Berlin The…
Why Cyprus is under pressure from EU sanctions
Cyprus and its banks The country is considered a tax and money laundering paradise for oligarchs. (Photo: dpa) Athens Of all heads of state and government, Cyprus President Nikos Anastasiades…
ECB tightens control of Russian bank subsidiaries in the EU
The logo of the Russian VTB Bank The Russian financial institutions could become one of the main targets for EU and US sanctions over the escalation in Ukraine. (Photo: Reuters)…
US President Joe Biden comments on the Ukraine war
new York US President Joe Biden announced further sanctions against Russia this Thursday evening. This would cut off five major banks from the international financial markets, which collectively have more…