Russian state bank lent billions to fund privatization deal
Russian state-owned bank VTB briefly lent over $11 billion to an entity controlled by Qatar and commodities trader Glencore four days after the Kremlin signed a deal to sell them a stake in state oil company Rosneft for a similar amount, two Russian newspapers reported on Tuesday. The existence of…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Investing