The American bank BOFA Merrill Lynch will sell 10% VTB
The government instructed Bofa Merrill Lynch to sell 10% VTB on his own behalf - this order was signed by Prime Minister Vladimir Putin, Vedomosti told. Until 2016, the state plans to reduce its shares in Sberbank, Rosneft, RusHydro, FSK, Russian Railways and other large companies, retaining control. For these transactions, the government selected 10 investment banks in October, and Merrill Lynch is one of them.