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MOSCOW (Reuters) -Russian President Vladimir Putin on Thursday asked the state-owned VTB bank to manage the state's 100% stake in United Shipbuilding Corporation (USC), Russia's largest shipbuilder, to solve financial problems at the firm. Putin's decision effectively transfers control of Russia's premier shipbuilding assets to Moscow-based VTB, which has been run by Andrei Kostin, one of Russia's most influential bankers, for the past 21 years.

Vladimir putinAndrei kostinKevin liffeyDenis manturovVladimir vladimirovichUnited shipbuilding corporationIndustry minister denis manturovShipbuilding corporationGuy faulconbridgeVtb bankAndrei kostinFinancial problemsUnited shipbuilding corporationVladimir vladimirovich