VTB set to quit LSE for China
Russia’s second-largest bank, VTB, might delist from the London Stock Exchange (LSE) in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said yesterday. |||
RUSSIA’S second-largest bank, VTB, might delist from the London Stock Exchange (LSE) in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said yesterday.VTB shares have traded in London and Moscow since 2007, when the bank raised about $8 billion (R90bn) in an …read more
Source: Independent Online
