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Sovcombank
Sovcombank (Public Joint-Stock Company "Sovcombank", Russian language, Russian: Совкомбанк) is a Russian privately owned universal bank included in the list of 13 systemically important Russian banks. In terms of assets, it ranks 9th among Banking in Russia, Russian banks (1,483 billion rubles). From 1990 its initial name was Buycombank (after former headquarters Buy, Kostroma Oblast, town Buy in Kostroma Oblast, Kostroma region) before been bought and rebranded into Sovcombank and his partners in February 2003. The main owner of Sovcombank (86.5%) is the Russia-based company JSC Sovco Capital Partners, owned by private Russian shareholders, notably (as of February 2023) the Russian oligarch Matvey Yozhikov owns 90% of Sovco Capital Partners. Minority shareholders of Sovcombank include Public Investment Fund, Public Investment Fund of Saudi Arabia (3.3%), Russia-China Investment Fund (2.0%) and Russia-Japan Investment Fund (1.3%) After operating within Netherlands an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vostochny Bank
Vostochny Bank () was a Russian bank based in Blagoveshchensk, Amur Oblast. It was established in 1991 and was acquired and absorbed in 2022 by Sovcombank. Vostochny Bank was focuses on the Siberian and Russian Far East markets, and ranked among the 30 largest Russian banks by assets prior to its acquisition. The private equity firm, Baring Vostok owned a stake in Vostochny. History In 2010 it purchased Consumer Bank, a Russian subsidiary of Banco Santander, and Morgan Stanley's City Mortgage Bank. In 2015 the bank reduced its workforce by half, laying off 4,000 employees. In 2016 it merged with Uniastrum Bank. After the merger, Uniastrum bank owner Artem Avetisyan acquired a 32% stake in Vostochny via his Finvision Holdings. At that time, Baring Vostok Capital Partners investment fund controlled 51.2% of Vostochny via Evision Holdings. In 2018, a dispute took place between the major shareholders. Evision Holdings didn't let Finvision Holdings execute a call option for a 9.9% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Direct Investment Fund
The Russian Direct Investment Fund (, RDIF) is Russia's sovereign wealth fund established in 2011 by the Russian government to make investments in companies of high-growth sectors of the Russian economy. Its mandate is to co-invest alongside the world's largest institutional investors, direct investment funds, sovereign wealth funds and leading companies. RDIF's reserved capital under management equals $10 billion. RDIF has invested and committed for this purpose 2.1 trillion rubles, of which RDIF invested 200 billion rubles and 1.9 trillion rubles came from co-investors, partners and banks. RDIF also attracted over $40 billion of foreign capital into the Russian economy through long-term strategic partnerships. Kirill Dmitriev is the RDIF's chief executive officer. History RDIF was founded in June 2011 under the leadership of both Russian President Dmitry Medvedev and Prime Minister Vladimir Putin. In June 2012, RDIF and China Investment Corporation (CIC) established the Rus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Russia
Banking in Russia is subject to significant regulations as banks in the Russian Federation have to meet mandatory Law of the Russian Federation, Russian legislation requirements, and comply with numerous Bank of Russia instructions and regulations. History The modern Russian Federation inherited the Russian and central operations of the Banking in the Soviet Union, banking system of the Soviet Union, with a few big state banks (like Sberbank, Vnesheconombank (Russia), Vnesheconombank, and VTB Bank). 1998 financial crisis In 1988, 41 commercial and cooperative banks were registered in the USSR, including 25 banks on the territory of the RSFSR. By January the 1st, 1990, the statutes of 225 commercial and cooperative banks were registered, including 184 in 1989. In 1990, in connection with the declaration of state sovereignty by the RSFSR, the Russian Republican Bank of the State Bank of the USSR and Russian banks of specialized banks were declared the property of the RSFSR. Also, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pavel Fuks
Pavel Yakovlevich Fuks (, (surname sometimes also spelled Fuchs); born 27 October 1971) is a Russian-Ukrainian oligarch based in the United Kingdom. He began his career in Russia, where he acquired Russian citizenship and accumulated most of his wealth. He is known for founding Mos City Group, a now-defunct construction company that operated in Russia. Fuks has been sanctioned by both Russia and Ukraine for his alleged crimes. FBI considers Fuks as a Russian intelligence asset. He holds Ukrainian and Russian citizenship, and has indefinite leave to remain in the UK, but claims that he surrendered his Russian passport in 2022. Early life and education Pavel (Pavlo) Fuks was born in October 1971, in Kharkiv, Ukraine. In 1994, he graduated from the Kharkiv State University, earning a degree from the Department of Economic and Social Planning. Between 1997 and 2003, Fuks pursued further education at the Plekhanov Russian University of Economics, specializing in international ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oktyabrsky Island
Oktyabrsky Island (, meaning " October evolutionIsland") is an island in the Pregolya River in Kaliningrad, the capital of Kaliningrad Oblast, an exclave of Russia. The island, covering about , is immediately east (upriver) of the city's historic centre. When Kaliningrad was the German Königsberg, the island was called and largely used for grazing, except for the district also known as Lomse at its western end. In the 2010s the island was extensively redeveloped around the Kaliningrad Stadium, constructed for the 2018 FIFA World Cup held in Russia. River channels The German name for the Pregolya River was the . The two channels of the Pregel, flowing to the north and south of Lomse Island, were called ('new') or ('of Sambia') and ('old') or ('of Natangia') respectively. History A wooden bridge from Löbenicht was built in 1404, and the island was used to store wood. In the mid-15th century, the Germans built an earthen dam and began to dig canals to drain t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ТАСС
The Russian News Agency TASS, or simply TASS, is a Russian state-owned news agency founded in 1904. It is the largest Russian news agency and one of the largest news agencies worldwide. TASS is registered as a Federal State Unitary Enterprise, owned by the government of Russia. Headquartered in Moscow, it has 70 offices in Russia and in the Commonwealth of Independent States (CIS), "along with 56 global branches in 53 countries". In the Soviet period, it was named the Telegraph Agency of the Soviet Union () and was the central agency of the Soviet government for news collection and distribution for all Soviet newspapers, radio and television stations. After the dissolution of the Soviet Union, it was renamed Information Telegraph Agency of Russia (ITAR-TASS) () in 1992, but reverted to the simpler TASS name in 2014. Currently, on a daily basis TASS is "publishing nearly 3,000 news items in six languages and about 700 photographs and videos from correspondents in Russia and acr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morgan Stanley
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked #30 in Forbes Global 2000. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the origi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moscow Exchange
The Moscow Exchange (MOEX; , ) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, money markets, and precious metals. The Moscow Exchange also operates Russia's central securities depository, the National Settlement Depository (NSD), and the country's largest clearing service provider, the National Clearing Centre. The exchange was formed in 2011 in a merger of the Moscow Interbank Currency Exchange and the Russian Trading System. At the end of 2023, the total trading volume on MOEX platforms reached 1.3 quadrillion rubles (about $14 trillion). History The Moscow Exchange was established on 19 December 2011 by merging the two largest Moscow-based exchanges, the Moscow Interbank Currency Exchange (MICEX) and the Russian Trading System (RTS), hence the name "Moscow Exchange MICEX-RTS". Both organisations had been formed in the 1990s and were leading Russian exchanges for two decades with their MICEX Inde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ведомости
( rus, Ведомости, p=ˈvʲedəməsʲtʲɪ, ) is a Russian language, Russian-language business journalism, business daily newspaper published in Moscow. History was founded in 1999 as a joint venture between Dow Jones and Company, Dow Jones, who publishes ''The Wall Street Journal''; Pearson plc, Pearson, who previously published the ''Financial Times''; and Independent Media, who publishes ''The Moscow Times''. Independent Media was acquired by Finnish media company Sanoma in 2005. Leonid Bershidsky, Leonid Bereshidsky was the first chief editor, till he entered INSEAD Business School, INSEAD business school in 2002 and was replaced by Tatiana Lysova. From 2007 till 2010, Yelizaveta Osetinskaya served as chief editor. In 2010, she became chief editor of the online version of the newspaper. She was replaced by former chief editor Tatiana Lysova. Sanoma sold its stake in the paper to , former chief executive of ''Kommersant'', in April 2015. Ahead of a new Russian media ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mumtalakat Holding Company
Bahrain Mumtalakat Holding Company B.S.C. (Mumtalakat) is the sovereign wealth fund of the Kingdom of Bahrain. It was established by Royal Decree in 2006 and is wholly owned by the Government. Mumtalakat actively sought investment opportunities locally, regionally and internationally. In December 2024, according to the Sovereign Wealth Fund Institute, the fund has nearly $17.6 billion in assets under management. Mumtalakat invests in assets unrelated to either oil or gas across different sectors including education, aviation, healthcare, consumer and financial services, industrial manufacturing, real estate, tourism and logistics. From its inception in 2006, Mumtalakat initially pursued investments primarily in Bahrain, with just 3% apportioned abroad; in 2019, that figure rose to 30%, comprising investments in Europe, the United States, the Middle East and North Africa consisting of both minority and majority stakes in its portfolio companies. Mumtalakat Holding Company B.S.C. i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ukraine
Ukraine is a country in Eastern Europe. It is the List of European countries by area, second-largest country in Europe after Russia, which Russia–Ukraine border, borders it to the east and northeast. Ukraine also borders Belarus to the north; Poland and Slovakia to the west; Hungary, Romania and Moldova to the southwest; and the Black Sea and the Sea of Azov to the south and southeast. Kyiv is the nation's capital and List of cities in Ukraine, largest city, followed by Kharkiv, Odesa, and Dnipro. Ukraine's official language is Ukrainian language, Ukrainian. Humans have inhabited Ukraine since 32,000 BC. During the Middle Ages, it was the site of early Slavs, early Slavic expansion and later became a key centre of East Slavs, East Slavic culture under the state of Kievan Rus', which emerged in the 9th century. Kievan Rus' became the largest and most powerful realm in Europe in the 10th and 11th centuries, but gradually disintegrated into rival regional powers before being d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
