Russian Banks In the Shadow of Giants  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 398 no. 8721 (Feb. 2011), page 69.
Topik: bank; shares; emerging markets; global depository receipts; equity; investors; industry

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.65 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Russia's second-biggest bank, VTB Bank, had no trouble placing $3.3 billion-worth of shares before a February 17th deadline, despite recent wobbles in emerging markets. The shares, also offered in the form of global depository receipts, represent a mere 10% of the bank's equity, leaving a solid 75.5% still owned by the state. What does investors' eagerness to own scraps of state-owned Russian banks say about the industry?

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