Moscow Times 25 September 2012 Promsvyazbank, one of Russia’s biggest privately owned lenders, announced Monday that it will proceed with a $500 million listing in London and Moscow. The move comes less than a week after market leader Sberbank’s $5.2...
Moscow Times 3 September 2012 Trading of Nomos-Bank shares was briefly suspended in Moscow on Friday as the stock rocketed more than 20 percent in 10 minutes after the announcement that Otkritie Financial Corporation was looking to obtain full control of Russia’s...
Reuters via Moscow Times 4 June 2012 Sberbank is set to sign a preliminary agreement next week to buy failed Franco-Belgian lender Dexia’s Turkish unit DenizBank, a source close to the negotiations said Friday. “An agreement is planned to be signed June...
Moscow Times 25 May 2012 Sberbank is close to buying Turkey’s Denizbank, in a deal that would secure it a foothold in its long-eyed Turkish market and nudge out a rival bidder, three people familiar with the matter said Thursday. Europe’s No.2 lender by...
