Moscow / AFP Russia’s VTB Bank on Tuesday said it was considering relocating the London office of its investment banking division over Britain’s decision to leave the European Union. “Relocating from London or maintaining our presence there will depend on how Brexit unfolds,” the group said in a statement. “Due to Brexit, VTB will be adjusting its activities in ...

  Bloomberg Many Latvians got a shock this summer when they were informed their bank accounts risked being blocked if they didn’t hand over details of their citizenship, financial plans and any ties to high-level politics. Demands to fill out online questionnaires were dispatched by lenders at the behest of financial regulators, who’ve been battling the Baltic nation’s reputation as ...

  DUBAI / Emirates Business Private sector companies in Dubai experienced another strong improvement in business conditions during September. This was highlighted by the seasonally adjusted Emirates NBD Dubai Economy Tracker Index posting 55.1, down fractionally from 55.7 in August but still well above the 50.0 no-change threshold. On average in the third quarter of 2016, the headline index signalled ...