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03.12.2008, 14:35

MDM Bank and URSA Bank to merge

Private Russian banks, MDM Bank and URSA Bank, have announced the two will merge, to form the second largest private bank in Russia, in the latest consolidation move in Russia’s banking sector.

03.12.2008, 21:55

Market Watch December 3: Adrift in the doldrums, sitting lower in the water

Russian stocks again drifted lower throughout Wednesday trade as uninspiring crude and metals prices, and diffident sentiment in Europe combined to send the RTS and Micex downhill.

03.12.2008, 19:44

Rusnano Forum puts spotlight on commercializing nanotech projects

Moscow is currently hosting Russia's first Nanotechnology Forum, and industry players say the government should be looking to fund more research and development after kick starting its first two projects.

Sberbank looks to go global

Published: 04 December, 2008, 07:34


AFP Photo / Alexey Sazonov

The head of Russia and Eastern Europe's largest bank has boasted of an “historic” opportunity to buy international rivals. In an interview with Business RT, the chairman of Sberbank, Herman Gref, said he'll take advantage of the unprecedented

 
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