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April 13, 2017 www.intellinews.com
Russia and US strike conciliatory tone at Moscow talks
bne IntelliNews
Russia and the US struck a conciliatory tone on key points of disagreement on April 12 when US Secretary of State Rex Tillerson made his first official visit to Moscow. The visit came at a time of rock-bottom relations after a chemical weap- ons attack in Syria and retaliatory strikes ordered by the White House.
Sberbank shrugs off Brexit fears with £4.5mn injection into London unit
bne IntelliNews
Sberbank, Russia’s biggest lender, has shrugged off concerns about Brexit by committing another £4.5mn ($5.6mn) to its troubled London invest- ment bank, bne IntelliNews can reveal.
A filing made by the bank on April 9 with UK Com- panies House shows that an additional £4.5mn in capital was provided to keep the struggling opera-
US Secretary of State Rex Tillerson at a joint press conference with Russian Foreign Minister Sergei Lavrov in Moscow on April 12.
After long consultations and a further two-hour meeting with Russian President Vladimir Pu-
tin, Tillerson and Lavrov told a news conference that they had discussed the conflicts in Syria and Ukraine, tensions on the Korean peninsular, cy- bercrime and other issues that have dogged bilat-
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A barman serves green cocktails at a Sberbank trade stand in Cannes.
tion afloat. The injection follows a simliar-sized award of £5.5mn made by the parent a year ago. Filings show that the Sberbank UK business now has an aggregate capital of £29.5mn.
A Moscow spokesman for Sberbank CIB, the group’s
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