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Tag: Sberbank
Russia Update: Prominent Economist Guriev, Forced to Flee Russia, Named ERBD Chief Economist
Sergei Guriev, the former dean of the Russian Economic School, a prominent Russian economist who left Russia in 2013 citing political pressure, has been named as chief economist of the European Bank for Reconstruction and Development (ERBD). Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the […]
Public Officials Transfer Their Balances from Foreign Banks to the VTB Group
Repatriation of balances from accounts in foreign banks by public officials contributed to a record growth of deposits in “VTB 24”, according to the bank’s president, Mikhail Zadornov. By July individuals’ balances in “VTB 24” reached 982 bn roubles, an increase by 163.6 bn, or 20% since the beginning of the year. This is a […]
Bilalov Indicted
Magomed Bilalov was indicted in absentia in the case of a 45.5 million-ruble bank loan scam. In the near future he may be declared wanted by federal and international authorities. – Ed. The Interior Ministry Investigative Department brought charges in absentia against Magomed Bilalov, the former shareholder and deputy chairman of the board of directors […]
Guriev Departure: A Worrying Signal
The news this week that the prominent economist Sergei Guriev has resigned from his posts and has departed for France—perhaps permanently—is the latest in a series of rumored planned emigrations by liberal public figures such as journalist Masha Gessen. As has been recounted in translations published on The Interpreter this week, Guriev’s resignations and his […]
Regime Moves Toward Intellectual Bankruptcy
Sergei Guriyev, one of Russia’s best economists and administrators of economics scholarship, has resigned from his post of dean of the Russian Economic School (RES) and has refused to run for a seat on the supervisory board of Sberbank. Guriyev is in Paris for now, where his family lives and where his wife, the brilliant […]
Liberal Emigration Wave: Why Sergei Guriyev May Leave Russia
Sergei Guriyev, dean of the Russian Economic School, has resigned of his own accord from the supervisory board of Sberbank and has written a request not to include him as a candidate in the voting list at the annual meeting of the bank’s shareholders. Sberbank announced this 28 May, adding that Guriyev explained his wish […]