RUSSIA'S SECOND BIGGEST BANK VTB MAY LEAVE LONDON STOCK EXCHANGE (STA BREAKING NEWS and ARCHIVES)

by STANews , Monday, November 10, 2014, 11:25

VTB Bank may quit the London Stock Exchange (LSE), and is currently in talks to get more loans from Asia, CEO Andrei Kostin has said.

“We hope they [negotiations with London exchange – Ed.] will recover the situation. If not, we are considering quitting,” Kostin told journalists at the APEC summit in Beijing, adding there’s a possibility of delisting.

Kostin said the bank is complaining about demands made by the LSE, which he considers tougher than those put forward by US sanctions.

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http://rt.com/business/203975-vtb-quit-london-exchange/