Russo-Asiatic Bank

[4] By 1907, in addition to the head office in Saint Petersburg it had branches in Baku, Belgorod, Borisoglebsk, Buturlinovka, Gomel, Kazan, Kharkiv, Kozlov (now Michurinsk), Liepāja, Livny, Minsk, Moscow, Nizhny Novgorod (during fair), Novocherkassk, Oryol, Petrovsk-Port (now Makhachkala), Riga, Rostov-on-Don, Rybinsk, Stary Oskol, Tver, Voronezh, Yefremov, Yekaterinburg, and Yelets.

[1]: 723  As a consequence, various powers claimed rights to ownership of the railway, which was the bank's foremost non-Russian asset, and the resulting confusion lasted for a number of years.

In early 1918, the Chinese government, then under dominant Japanese influence, was inclined to seize the China Eastern Railway and also to stop paying Russia's share of the Boxer Indemnity for which the Russo-Asiatic Bank was the collecting agent.

[1]: 740  The chairman of the management board, prominent Russian businessman Aleksei Putilov, fled Russia in November 1917, first to Manchuria, then to Shanghai and later on to Paris, where he intrigued to retain control of the bank's operations.

[1]: 733–734  Another restructuring plan led by another Russian émigré financier, Procopy Petrovich Batolin, against Putilov and his French allies, similarly failed to gain traction in late 1919 and 1920 as the BPPB and Société Générale gradually lost interest.

[1]: 739–740 In 1921 and 1922, Putilov ended up negotiating in secret with agents of the Soviet government including Leonid Krasin to recover at least some of its Russian property assets.

[1]: 752  Continuous rivalry among Russian factions, including between Putilov and Batolin, led to the failure in April 1926 of a last-ditch effort to restructure what remained of the Russo-Asiatic Bank.