Russian bank gets 'golden share' from Yandex
The biggest Russian search engine Yandex last week announced it has issued a so called ”golden“ share, a priority share, to the Serbank (Savings Bank of the Russian Federation) which is Russia’s largest bank.
The bank is controlled by the Russian government, which makes it "ok" for the bank to get the golden share. Would the bank have been a commercial business they would not have met the criteria.
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