ST PETERSBURG, Russia, June 19 (Reuters) – Russia’s second-largest bank, VTB, hopes to break even in 2015 if the central bank keeps lowering its key interest rate as the bank expects, VTB’s chief financial officer said on Friday.
LONDON, June 19 (Reuters) – Greek financial assets held their ground on Friday, putting a bruising week behind them as investors pinned their hopes on an emergency meeting of euro zone leaders next week producing an agreement to unlock aid for Athens and avert looming default.
10 things you need to know before the opening bell (SPY, DJI, IXIC, USD, UST, USO, FIT, MSO, SQBG, MCD, EUR, JPY, AAPL, SWHC)
Here is what you need to know. Greece will hold an emergency meeting with creditors on Monday. After a meeting of finance ministers on Thursday, Eurogroup president Jeroen Dijsselbloem said “no agreement yet is in sight.” The ECB is deciding whether to stop or pause providing liquidity to Greek banks, which may not open on Monday because residents are rapidly withdrawing their money…
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