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China Signs Non-Dollar Settlement Deal With Russia's Largest Bank
Article By: Tyler Durden
Tuesday, May 20, 2014 11:01 AM EDT
VTB - among Russia's largest banks - has signed a deal with Bank of China to pay each other in domestic currencies, bypassing the need for US Dollars for "investment banking, inter-bank lending, trade finance and capital-markets transactions."
In this article: BACHF, VTBR.RUB
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Fools Russian: 1 Chart Shows How To Play Russia Tension-Related Selloffs
Article By: Cliff Wachtel
Wednesday, April 23, 2014 7:19 AM EDT
In the end sanctions are unlikely to be much more than symbolic, business continues as usual, certainly between Europe and Russia. That means sanctions for US firms lose value, and purpose.
In this article: OGZPY, SBRCY, VTBR.RUB
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Ukraine Exposure Rattles Russian And Austrian Banks
Article By: Acting Man
Friday, February 28, 2014 7:30 AM EDT
You can't teach an old dog new tricks. At least that is the impression one gets when considering the credit exposure of the two large Austrian Banks still active in the Ukraine (a third one, Erste Bank, wisely shut up shop in Kiev in late 2012).
In this article: RAW.F, AKSJF, EBKOF, VTBR.RUB
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