Promsvyazbank is seen as most at risk of the Garden Ring banks after buying up weaker rivals and diversifying aggressively into other industries.
The Russian government plans to launch a series of massive infrastructure projects after the 2018 presidential election, addressing a significant shortfall the country is facing.
Russia's central bank has given troubled Binbank an unsecured loan, but has not disclosed the amount as it starts the rescue of yet another large "Garden Ring" commercial bank.
The two surviving independent members of the supervisory board at Ukraine's gas monopoly Naftogaz quit on September 19, citing "the government’s lack of commitment to duly implement the corporate governance reform".
Shoe retailer plans IPO this autumn to build on strong growth across its regional network.
Investors snapped up metal and mining names thanks to the high prices for ferrous metals on international markets and the expectation that demand from China will accelerate
The near collapse of leading commercial bank Financial Corporate Otkritie has raised a wider question: is Russia is facing another banking crisis?
Who were the owners of Russia's Otkritie bank and what where the deals that got it into so much trouble?
Russia’s banking sector was rocked in August when Otkritie Financial Corporation, the second biggest private bank in the country and one of 10 “systemically important” banks, was taken over by the central bank.
The management crisis at state-owned gas monopoly Naftogaz took a new turn after Charles Proctor, an independent member of the supervisory board, said he will resign from his post in late September, citing the lack of government support.
Has the tide turned for Rustam Tariko, the owner of both Russky Standart vodka and a bank by the same name? The vodka business is booming, largely thanks to the fact the government has almost completely eradicated illegal vodka production.