Vneshtorgbank set to raise triple original amount

The stock market listing of Russia's second largest bank is set to raise three times the amount originally expected.

Vneshtorgbank could raise as much as $6bn (€4.5bn) from its stock market flotation, which had previously only been expected to raise $2bn, according to a source close to the deal.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink