Bank of Moscow exposes Russian regulatory void

July 5, 2011

Russian bank failures usually have political causes: well-connected banks often have more clout than regulators.

Tele2’s Russia retreat may spur mobile competition

April 3, 2013

The Swedish telco was hobbled in Russia by a lack of spectrum for data. Now VTB bank is buying Tele2 out for a decent $3.5 bln. Attempts to gatecrash the Kremlin-blessed deal look forlorn. And a stronger Moscow-backed player could make life harder for bigger mobile operators.