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Russia to rescue Bank Otkritie

The Bank of Russia has decided to bail-out Bank Otkritie Financial (Otkritie) that has been suffering a deposit run. The central bank in a statement said …

Finstar to invest $150m in Fintech

Russia-based Finstar Financial Group is set to invest $150m in new financial technology startups over the next five years, in a commitment to expand and …

Russia: Of hurdles and hope

The Russian wealth market is complex. Despite being characterised by a younger HNW population in comparison to the rest of Europe, there are many challenges …

Russia’s tax amnesty a warning to governments

The tax amnesty launched by the Russian government, in June 2015, seems to have failed with nearly half of Russian high net worth (HNW) wealth being held offshore in 2016 and the country’s residents p…

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