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27.05.2009, 14:11

Vozrozhdenie Bank reports 1Q 2009 Net Income of 386 million Roubles

Vozrozhdenie Bank has posted 1Q 2009 Profit of 386 million Roubles under IFRS.

AFP Photo / Clemens Bilan 27.05.2009, 11:48

Bidders line up for Opel

German Chancellor Angela Merkel will meet with bidders for GM’s German subsidiary, Opel, on Wednesday, including a consortium of Canada’s Magna and Russia's Sberbank, and the heads of its main rival, Italy’s Fiat.

27.05.2009, 10:57

Ukraine gas aid in focus as energy talks continue

Russia and the European Union will continue talks next week about financial aid to Ukraine, to ensure stable gas supplies.

03.07.2009, 16:58 3 comments

Expats in Russia earn more

The 2009 Expat Explorer survey, commissioned by HSBC International, shows that a third of the expats working in Russia earn more than $250,000 per year.

27.09.2010, 10:38 3 comments

Greed and good still central to the trade

With the second Wall Street movie hitting Russian cinemas this week, Business T spoke with Alexander Gerchik who spent ten years as a trader in the US about the balance between fact and fiction.

AFP Photo DDP / Philipp Guelland Germany out 04.11.2009, 08:33 2 comments

GM U-turn leaves Sberbank Magna Opel plans on road to nowhere

After a 6 hour board meeting, General Motors has walked away from the planned sale of a majority stakeholding in its German arm, Opel, to the Magna Sberbank joint venture it reached final agreement with just weeks ago.

12.03.2010, 19:56 2 comments

India and Russia link up to boost trade

Like tea and biscuits, different but complimentary. Russia and India stand at the heart of the BRICs, the emerging markets that investors love to love.

31.12.2009, 11:14 2 comments

Rusal sets sights on $2.6 billion Hong Kong IPO

Russian aluminium producer, Rusal, is planning to raise as much as $2.6 billion in its Hong Kong listing according to its prospectus.

Illustration by Boris Lyubner 16.06.2009, 23:36 1 comment

Russia-China Economic Forum warms up buyers and tills

The financial crisis has cut trade volumes between Russia and China. But that hasn't stopped the partners signing billions of dollars of new deals at the Russia-China Economic Forum.

07.09.2009, 22:22 1 comment

Banker bonus clampdown has potential upside for Russia

G 20 Finance ministers have thrown their support behind tighter regulation of banker's pay. That has a possible upside for Russian banks.

Global banks lead the way on managing risks

Published: 27 May, 2009, 20:20


The Russian operations of global banks generated almost twice the return on assets of domestic banks in the first quarter of this year, with experts pointing to asset quality and risk management.

 
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