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VTB chief eyes Russian rescue funds

VTB Group's chief executive has called for Russia's Government to inject common shares in the state-owned bank tomorrow when it reveals the details of fresh support for the financial sector, but said private shareholders would benefit from any solution that brings stability.

Russian finance minister Alexei Kudrin said in a press briefing in London that VTB Group, which is majority owned by the state, could receive a further injection as part of a second wave of support for the country's struggling banking sector.

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