Sberbank shrugs off Brexit fears by doubling capital of its London business

Sberbank shrugs off Brexit fears by doubling capital of its London business

Russia’s biggest lender Sberbank has shrugged off concerns about both Brexit and sanctions by committing another £40mn ($56mn) to its troubled London investment bank, bne IntelliNews can reveal. A filing made by the bank on February 8 with UK Companies House shows that £40mn was injected by the parent in … More

Source: Russian Trade Delegation