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Russia’s VTB Group threatens London delisting

The lender wants London Stock Exchange to change its position on depository receipts under Western sanctions

Russia’s second-largest lender VTB Group will consider delisting its shares from the London Stock Exchange if it doesn’t change its stance on Western sanctions, the bank’s chief executive said Monday, Interfax news agency reported.

Speaking on the sidelines of an Asia-Pacific Economic Cooperation summit in Beijing, Andrei Kostin said that VTB doesn't like the position that the London Stock Exchange has taken on sanctions against Moscow.

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