Europe
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IPO relaunch described as 'ballsy' as company plays up lack of reliance on Russia revenue -
The US bank has chosen one of its own to fill the vacancy left by Barry Meyers' departure
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Market conditions were good but three of four deals on Monday proved underwhelming
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Rating agencies have warned offering rouble payments would mean default
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Sanctions on Abramovich lead to share suspension, then board exit
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French agency hopes to grow its non-core currency offerings
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Sanctions and efforts to keep foreign currency in Russia make servicing loans nearly impossible
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Gazprom and Rosneft paid in dollars, but uncertainty clouds next batch of Russian coupon payments
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The central bank likes to be seen as the guardian of markets. Someone should remind Lagarde’s speech writers
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Citi is still ‘supporting corporate clients in Russia’ but questions are raised over sustainability of Moscow offices
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An issuer could be viewed as in default even if investors agree to a rouble payment, said one agency
