St Petersburg follows Moscow into debt market

St Petersburg will become the second Russian city, after Moscow, to re-enter the international capital markets since Russia's financial crisis in 1998.

On Monday, the city awarded Deutsche Bank the mandate to lead manage a dollar-denominated bond worth around $110m (€112m) to $120m and with a probable seven-year maturity.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions