Question by Fedor: Bank of America in Russia?
Are there any bank of americas in russia, specifically in Novosibirsk or Kemerovo (2 major cities).
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Answer by kate
here is a link that might help you
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Wave2012 says
there is no branches of American banks in Novosibirsk and Kemerovo.
But in general these ones work in Russia: American Express, JP Morgan, Citi bank.
As for other banks, American companes can have share in capital.
And you also should remember that these banks work according to Russian laws because they are all established as registered in Russia entities (not like American companies, providing their services abroad. it is requirement of Russian bank legislation). They just use American names and have American owners, and of course follow universal corporate standards of certain bank.
It is important because when do any bank transactions in Russia you do it with an other bank.