Edition:
International

Tatiana Voronova

Exclusive: Russia's Sberbank to expand in logistics in e-commerce push

Apr 14 2021

MOSCOW Russia's biggest bank Sberbank plans to expand its logistic business across the world's largest country as it seeks to capitalise on a booming e-commerce market, Chief Financial Officer Alexandra Buriko told Reuters.

Russia's Otkritie Bank aiming for IPO in 2022 with state firms, ex-owners to be barred

Apr 07 2021

* Otkritie has cleaned up balance sheet ahead of IPO-bank's president

Russia's Sberbank and Mail.Ru on verge of dividing assets as JV nears split- sources

Apr 01 2021

MOSCOW, April 1 Russia's largest lender Sberbank and internet firm Mail.Ru are on the verge of dividing assets in their ride-hailing and food delivery joint venture due to a wide range of disagreements, three sources close to both sides said.

Russia's Sovcombank in no hurry to IPO ahead of 2024 deadline

Mar 10 2021

MOSCOW, March 10 Russia's Sovcombank has no immediate plans for an IPO and doesn't intend to bring forward a 2024 deadline, despite a pick up in new issues, as investor sentiment towards the banking sector remains mixed, co-owner Sergei Khotimsky told Reuters.

Russian lawmaker Kerimov strikes deal to buy Vozrozhdenie bank: sources

Mar 09 2021

MOSCOW Russian businessman and lawmaker Suleiman Kerimov has reached an agreement to buy Vozrozhdenie bank from its majority owners, brothers Dmitry and Alexei Ananyev, three sources close to the deal told Reuters.

EXCLUSIVE-Russia's Trust Bank to sell 9% in VTB via accelerated bookbuild in March - sources

Jan 29 2021

MOSCOW, Jan 29 Russia's Trust Bank, which holds non-performing assets left from three private banking groups taken over in a state bailout, plans to sell its 9% stake in VTB via an accelerated book building in March, financial market sources said.

Cyber crime has cost Russia $49 billion in 2020, Sberbank says

Dec 28 2020

MOSCOW Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country's largest lender Sberbank said.

Cyber crime has cost Russia $49 bln in 2020, Sberbank says

Dec 28 2020

MOSCOW, Dec 28 Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country's largest lender Sberbank said.

EXCLUSIVE-Russia's central bank looking for investor in Otkritie bank - sources

Dec 08 2020

MOSCOW, Dec 8 Russia's central bank is looking for an investor in bailed-out Otkritie bank, but has drawn a blank with an approach to internet giant Yandex, two sources close to the matter told Reuters.

Exclusive: Russia's Sberbank targets half of revenue from non-banking by 2030 - sources

Nov 27 2020

MOSCOW Sberbank expects its non-banking business to reach 5% of its revenues in 2023 and as much as half of its total in a decade, as it focuses on e-commerce and other online ventures, two sources told Reuters.

World News

'Pingdemic' puts Britain's food supply under strain

LONDON (Reuters) -British supermarkets said on Thursday that some products were in short supply and petrol stations had been forced to close after the official health app told hundreds of thousands of workers to isolate following contact with someone with COVID-19.