Eurovision organizers fine Ukraine for failing to adequately fulfil obligationsWorld June 29, 18:51
Putin hails growing ties between Russia and GermanyRussian Politics & Diplomacy June 29, 18:25
Russia’s future orbital station to have no service life limitScience & Space June 29, 18:21
Relatives of defendants in Nemtsov murder case to appeal to ECHRSociety & Culture June 29, 17:46
Russian shipyard may equip exported warships with latest air defense missile/gun systemMilitary & Defense June 29, 17:24
EU envoys ratify Ukraine Association AgreementWorld June 29, 17:15
Russian opera star Hvorostovsky cancels Vienna season concertsSociety & Culture June 29, 16:30
Samantha Smith: 10-year-old Goodwill Ambassador that embraced warmth during the Cold WarSociety & Culture June 29, 16:29
Paris sees new opportunities for dialogue on Syria with MoscowWorld June 29, 16:27
ROSTOV-ON-DON, April 6. /TASS/. Italian bank Intesa contrary to the recommendations of the United States and the European Union is going to participate in placing Russian government bonds, Chairman of the Board of Directors of Banca Intesa Antonio Fallico told journalists on Wednesday.
"It is not the sanctions, but the recommendations from the United States. Intesa did not said that we would follow these recommendations. And there are banks that have said "yes". We did not say anything, we will continue our work. Some banks said they would no longer fund the placement of Eurobonds in favor of Russia. Against this background, Intesa said that we would continue," Fallico said.
He also added that in the near future the bank plans to participate in the privatization of Russian companies.
"What companies - I cannot yet say. It is a trade secret," he said.
Earlier the US government warned the largest US investment banks against participating in the placement of Russian Eurobonds, since such participation could undermine the sanctions regime against Russia. After that, according to media reports, some US investment banks decided to abstain from participating in the placement.