Tag Archives: Bank

Chinese Bank Industrial & Commercial Bank of China (ICBC) will acquire Britain’s Barclays PLC, Europe’s largest Depository of precious metals. As noted by The Wall Street Journal, the purchase will make ICBC the first Chinese owner of the store in London and increase its impact on trade, pricing and storage …

A shortage of funds in the accounts of the bankrupt Bank “Russian credit” is 32,23 billion. This became known following the results of inventory of property of the Bank the Agency on insurance of contributions (ASV), according to video News Service. The main share of debt — 31,76 billion rubles …

VTB Bank in the first quarter of 2016 compared with the same period last year increased payments to Board members by 15.5%, to 88.4 million rubles, follows from the quarterly statements of the Bank. In the first quarter of 2015, the amount of remuneration paid to members of the management …

Investors are waiting for the “summer of economic shocks”, according to the latest poll from Bank of America Merrill Lynch Fund Manager Survey. This study involved 168 managers of investment funds that collectively manage assets of $505 billion, according to RNS. Among the potential shocks asset managers called the decision …

An employee of the Novokuznetsk municipal Bank (NMB) Svetlana Marchenko found guilty of embezzlement of more than 1 billion rubles, the Central district court of Novokuznetsk (Kemerovo region) and sentenced to 4 years imprisonment. As reported Friday in a press-service of regional Prosecutor’s office, Marchenko worked at NMB head of …

Strategist at Goldman Sachs Kamakshya Trivedi said that the fair is the dollar below 60 rubles, RBC reports. The expert noted that currently the Russian ruble is undervalued. According to him, the Russian currency is undervalued even after the rally observed since the beginning of the year and led to …

Now the markets calm. It seems that the markets have reached their maximum values, the ruble has stabilized. Like danger wait and nowhere. But if you follow the actions of our Central Bank, it is possible to draw some interesting conclusions that we’re on the verge good nix… According to …

The Board of Directors of the Bank of Russia on Friday will consider the issues of monetary policy, the press service of the regulator; according to analysts, the key rate once again remains unchanged. The main arguments in favour of keeping rates at 11% per annum, according to analysts of …

Financial-economic bloc of the government and the Bank of Russia carried out a deliberate anti-people policies. As reported by video News Service, said the Chairman of the Federation of independent trade unions of Russia Mikhail Shmakov. “The vast majority of citizens is dissatisfied with work of the Russian government and …

The strengthening of the ruble may allow the Bank of Russia to finally go for a rate cut, this writes the Agency Bloomberg. The article mentions the level of 60 rubles per dollar, at which the CBR could decide on rate cuts in this quarter. This forecast was given 8 …