Russian singer barred from Eurovision believes she still has chancesSociety & Culture March 23, 8:41
Chain of explosions reported from ammunition depot in northeastern UkraineWorld March 23, 8:15
Number of lethal casualties in London terror attack rises to fourWorld March 23, 4:46
Putin proposes extending term of Russia's Central Bank chiefBusiness & Economy March 22, 21:49
Mayor says investigation into London attack is underwayWorld March 22, 21:16
Ukrainian radicals urge Poroshenko to nationalize Russian banks’ subsidiariesBusiness & Economy March 22, 20:51
Peru is back on 2018 Dakar Rally track alongside with Bolivia, ArgentinaSport March 22, 20:08
Three dead, twenty injured in London attack — policeWorld March 22, 19:59
Stadium in Russia's Dagestan to be named after pole-vault queen IsinbayevaSport March 22, 19:19
WASHINGTON, October 12. /TASS/. Japanese bank holding company Mitsubishi UFJ Financial Group, one of the largest banks in Japan and the whole world, intends firmly to continue its operation in Russia, this bank’s President and CEO Noboyuki Hirano told TASS on Saturday at a conference which the Institute of International Finance, main lobbyist organisation of global private banking and financial business, organised in Washington D.C.
Meanwhile, he warned that in current conditions when the West had imposed sanctions on Russia amid the current crisis in Ukraine his company’s possibilities to develop Russian segment of business were limited.
This was earlier stated at the forum that sanctions had put up not only obstacles, but also favourable possibilities for investment. But in reply to such suggestion Hirano just said, “We need to comply with all the regulatory requirements. It's such a multi-faceted regulatory regime that's imposed on us.”
The Japanese company has an affiliate in Russian capital Moscow and an office in the city of St. Petersburg, the bank’s president said. “Certainly we'll stay there....,” Hirano said, naming the whole scope of leading Japanese industrial concerns currently operating in Russia. He added that the bank would keep working with Russian clients.
“We have nothing we can do except to maintain business as usual /as much/ as possible,” the Japanese financier said, noting that “But we cannot develop our business as we expected.