Russian bank Vneshprombank files for bankruptcy as threat of NYC real estate seizure looms

Vneshprombank, a Russian “VIP” bank that held accounts for prominent Russian companies, oligarchs and bobsledders, has filed a U.S. bankruptcy proceeding in a bid to protect against claims on its New York real estate. The head of the bank, Larisa Markus, is accused of stealing about $13 million from the financial institution and using it […]