The prospect of a Russian debt default has once again been brought to the fore with the U.S. Treasury blocking dollar-denominated debt payments from Moscow via U.S. banks. The move on Monday evening ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — Russia has defaulted on its ...

Russia’s economy is slowing sharply, with the highest interest rates in two decades driving up debt levels as the world’s ...

People say you never forget your first major experience. The first financial crisis I encountered in my professional life was ...

Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through, ratcheting up fears of Moscow's ...

The Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, an agency official says. That restricts one of the ...

MOSCOW (Reuters) -After recording record profits thanks to robust demand for loans even at sky-high interest rates, Russian banks are now hoping a cycle of rate cuts will nip concerns about rising ...

JP Morgan and Goldman Sachs have reaped significant profits trading Russian debt and derivatives this year amid a dramatic reshuffling in investor exposure to the country following Moscow’s invasion ...

Leading Russian banks, including Sberbank and VTB, are preparing for a wave of loan defaults. This is due to the worsening financial situation of Russian citizens, according to the Foreign ...