The Russia-based investment fund Baring Vostok and its former partners said Wednesday they had reached a settlement in a dispute which led to the arrest of US financier Michael Calvey in 2019. Several Baring Vostok executives, including its founder Calvey and French banker Philippe Delpal, were detained last year and accused of defrauding Vostochny Bank of 2.5 billion rubles ($31.7 million). Wednesday’s settlement was not linked to the criminal…
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