trending Market Intelligence /marketintelligence/en/news-insights/trending/7hK9cQtUpo1BCwQEV0zrvg2 content esgSubNav
In This List

Russian regulator appoints new provisional administrator for B&N Bank

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Russian regulator appoints new provisional administrator for B&N Bank

The Central Bank of the Russian Federation put B&N Bank into the provisional administration of the Banking Sector Consolidation Fund Management Co., the regulator said Dec. 15.

The move will enable the implementation of corporate procedures necessary to change the amount of the authorized capital and form new management bodies at B&N Bank, the central bank noted.

The lender was bailed out by the Russian regulator in September and reportedly moved to write off its subordinated liabilities at the beginning of December.