Scaled-Up Banking Rescue to Push Russian Budget Into Deficit by DAVID M. HERSZENHORN

By DAVID M. HERSZENHORN
Russia’s central bank said its bailout of Trust Bank – the first major lender to fail as a result of the sharp decline in the ruble – would cost about $2.5 billion, far more than previously anticipated.
Published: December 26, 2014 at 01:00PM
from NYT Business Day

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