Talks between Russian bank VTB and China’s CEFC on a loan to the Chinese company seeking to buy a stake in Russian oil company Rosneft are ongoing, VTB Chief Executive Andrey Kostin told reporters.

This transaction is the first tranche of an overall EIB envelope of up to EUR 100m, which will provide RVS – a member of the Austrian cooperative Raiffeisen Bank Group – with long-term funding resources for SMEs and midcaps.

On August 25, 2017 AXA announced the launch of its 2017 employee share offering (“SharePlan 2017”), a capital increase reserved to its employees worldwide.

Accenture (NYSE: ACN) has hired financial services executive Wei Zhu as chairman of Accenture Greater China, effective Jan. 1, 2018. He succeeds Chuan Neo Chong, who continues to work with Wei Zhu on a successful transition.