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YANDEX COMPANY LIQUIDATES INVESTMENT SERVICE

Yandex" made a decision to liquidate the Internet service "Yandex.Investments" created for financial management. The reason is the fact that VTB Bank, a former partner in dealing with securities, fell under strict foreign sanctions. The inability to trade assets of foreign companies led to an inevitable outcome. According to Interfax, platform users will be allowed to buy shares and other securities and replenish their accounts until April 11. After that, the service ...

Modified: 04.07.2022
Yandex , Yandex investments , investments , VTB , sanctions , finance , securities , stock exchange , liquidation , closure
Path: РусБанкрот - СМИ

Yandex announced the risk of default in company

Yandex, which has been operating in the Russian market for many years, announced that it would possibly be unable to pay off the bonds. The debt on them is 1.25 billion. In a situation where the company is not allowed to redistribute funds between subsidiaries,...

Modified: 03.05.2022
Yandex , trading , stock exchange , shares , sanctions , Ukraine
Path: РусБанкрот - СМИ
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