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Craig Mellow
Russia's Investment Banks Show Rapid Growth
Russia’s investment banks, back from the abyss, are expanding rapidly at home and abroad in a bid for market share and profits.
Craig Mellow December 17, 2025
Russia to Spend $10.7 Billion To Kick Oil Habit

Dmitry Medvedev, Russia's president, pauses during the opening of the Rusnanotech forum in Moscow, Russia, on Tuesday, Oct. 6, 2009. Russia will spend 318 billion rubles ($10.7 billion) by 2015 on its nanotechnology industry as Medvedev tries to wean the country off its reliance on commodity exports. Photographer: Alexander Zemlianichenko Jr/Bloomberg *** Local Caption *** Dmitry Medvedev

Alexander Zemlianichenko Jr/Bloomberg

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