Inside the Wind-Down: VTB Capital’s London Arm Costs, Claims & Creditor Battles
<div class="section-block section-executivesummary”> VTB Capital’s sanctioned UK arm remains in administration, with its wind-down extended to December 2029 due to complex legal and creditor issues. Just 12 largely part-time London staff are being retained, costing £3.3m in H1 2025 and nearly £10m in 2024, with cumulative employee costs since 2022 approaching £28–32m. Administrators are handling …
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