MOSCOW—The Bank of Russia said Thursday it had temporarily taken over a Russian unit of Ukrainian lender Privatbank, controlled by pro-Kiev oligarch Ihor Kolomoyski.
The Bank of Russia, which stepped up efforts to purge the country’s banking system late last year and has already closed dozens of banks, said it decided to send a “temporary administration” to Moskomprivatbank, a local branch of Ukraine’s largest private…
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