BEIJING -- VTB, Russia's No.2 bank, may delist from the London Stock Exchange (LSE) in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said on Nov. 10.
Russia's War Against Ukraine
Reuters: Russia’s VTB may delist from London in favour of China
Russian Prime Minister Vladimir Putin (R) listens to head of the Russian VTB bank Andrei Kostin, during a visit to the bank's new office in Moscow, on December 28, 2010.