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China's exporters, eager for Russia foothold, tread lightly to avoid financial bear trap
South China Morning Post via Yahoo Singapore Finance· 2 months agoIn recent weeks, the 25th floor of the Shanghai Tower has been swarmed with Chinese exporters. Legions of businesspeople have flocked from all over the country to open a new account at VTB Bank ...
UPDATE 1-JPMorgan Chase sues Russia's VTB Bank over effort to unfreeze assets
Reuters SG via Yahoo Singapore Finance· 3 months agoJPMorgan Chase sued Russia's state-owned VTB Bank on Thursday to halt its efforts to recover $439.5 million from an account that was blocked after Russia invaded Ukraine and VTB was hit with ...
Justice Department announces criminal and civil actions against sanctioned Russian oligarchs
CNN via Yahoo News Singapore· 5 months agoThe Justice Department on Thursday announced a sweeping set of criminal and civil enforcement...
US charges head of Russia's VTB Bank for sanctions violations
Reuters via Yahoo Singapore Finance· 5 months agoWASHINGTON (Reuters) -The United States on Thursday charged the CEO of Russian-state owned VTB Bank...
Russia's VTB Bank to expand presence in China - CEO
Reuters via Yahoo Singapore Finance· 5 months agoRussia's state-owned VTB Bank plans to expand its presence in China by opening offices in Beijing and other cities in the near future, the lender's CEO...
Russia's seizure of two foreign firms' assets is a warning shot to the West
Quartz via Yahoo News Singapore· 1 year agoMoscow is browbeating foreign firms by seizing their assets in Russia. Russian president Vladimir...
Russia's VTB launches transfers in Chinese yuan bypassing SWIFT
Reuters via Yahoo Singapore Finance· 2 years agoVTB said on Tuesday it had become the first Russian bank to launch money transfers to China in yuan...