(AFX UK Focus) 2010-03-24 15:23 Russia VTB hopes for stock option approval by yr-end
MOSCOW, March 24 (Reuters) – State-controlled VTB, Russia’s second biggest lender, hopes the government will approve its stock option plan by the end of 2010, paving the way for a possible shares buyback, the bank’s CFO told Reuters. VTB and its bigger peer Sberbank have been pushing stock option plans, saying the current remuneration system is uncompetitive. VTB’s management wants its state-run …
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24 Mar
