Jun
05

Bank at Center of U.S. Inquiry Projects Russian ‘Soft Power’

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It has offices in a sleek Manhattan skyscraper. Its bonds are accessible to millions of American investors. And it holds ties to some of New York’s biggest banks.

Despite this presence on Wall Street, detailed in previously unreported financial records, Vnesheconombank, or VEB, is no normal bank. It is wholly owned by the Russian state. It is intertwined with Russian intelligence. And the Russian prime minister is, by law, the chairman of its supervisory board…

Bank at Center of U.S. Inquiry Projects Russian ‘Soft Power’

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Categories : Finance

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