Russian Banks Brace For Mass Account Withdrawals

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Russian Banks Brace For Mass Account Withdrawals

Russian Banks Brace For Mass Account Withdrawals

Russia’s banks are under tremendous stress amid a plunging currency and ongoing Western sanctions over Russian involvement in the Ukraine crisis, and they will likely need more government bailouts to survive, according to analysts. Russian banks have responded to the ongoing financial crisis by cutting off loans to local businesses. Overnight rates have grown to 18…

DG Value Surges On Recovery Plays

investAccording to a copy of the firm's February investor update, Dov Gertzulin's DG Value Partners returned +4.48% net for the month of February, which ValueWalk has been able to review. Q4 2020 hedge fund letters, conferences and more Following this performance, the firm has returned +8.32% net for the year to the end of February. Read More


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