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Insight: No more easy pickings in Russia's banking market

MOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for.Full story

Factbox: Foreign banks in Russia

(Reuters) - Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for. Full story

Russian banker has his eye on Europe

MOSCOW (Reuters) - Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe. Full story

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Related Photos

Pedestrians walk past a Raiffeisen Bank branch in Moscow
Pedestrians walk past a Raiffeisen Bank branch in Moscow

Pedestrians walk past a Raiffeisen Bank branch in Moscow May 19, 2013. REUTERS/Sergei Karpukhin

Pedestrians walk past a Bank of Moscow branch in Moscow
Pedestrians walk past a Bank of Moscow branch in Moscow

Pedestrians walk past a Bank of Moscow branch in Moscow May 19, 2013. Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for. Picture taken May 19. REUTERS/Sergei Karpukhin (RUSSIA - Tags

Russian media magnate Lebedev speaks to the media after arriving for a court hearing in Moscow,
Russian media magnate Lebedev speaks to the media after arriving for a court hearing in Moscow,

Russian media magnate Alexander Lebedev speaks to the media after arriving for a court hearing in Moscow, May 20, 2013. Lebedev is on trial over a televised punch-up which he says is a pretext to punish him for criticising the Kremlin. REUTERS/Maxim Shemetov (RUSSIA - Tags: MEDIA BUSINESS CRIME LAW

Russian media magnate Lebedev arrives for a court hearing in Moscow
Russian media magnate Lebedev arrives for a court hearing in Moscow

Russian media magnate Alexander Lebedev arrives for a court hearing in Moscow, May 20, 2013. Lebedev is on trial over a televised punch-up which he says is a pretext to punish him for criticising the Kremlin. REUTERS/Maxim Shemetov (RUSSIA - Tags: MEDIA BUSINESS CRIME LAW POLITICS HEADSHOT)