LONDON (Reuters) – Stephen Browne and David Soden of Teneo have been appointed administrators of VTB Capital Plc after it was placed into administration on Dec 6, Teneo Financial Advisory said in a statement on Friday.
Browne and Soden are now using sanctions licenses to realise frozen assets of the UK unit of the Russian bank, Teneo said.
(Reporting by Carolyn Cohn, editing by Huw Jones)