Bank of Moscow shareholders have elected a former VTB executive as their new chief executive, effectively handing Russia’s second-biggest lender victory in the battle for control of its smaller peer. Now VTB, which paid $3.5 billion for a near 50 percent stake in Bank of Moscow, will revert to its initial plans to gain full control over Russia’s fifth-biggest lender, VTB’s chief executive Andrei Kostin […]