Russian banking picks up. - State bank VTB, Russia's second biggest bank in terms of assets, has announced record net profits of more than 25 billion roubles in the first half of 2010. In the same period of last year, VTB made a loss of 34 billion. Sberbank also did well, making net profits of nearly 65 billion roubles in the first half of the year, ten times more than in the same period last year. Recovery remains fragile when it comes to bad debt, however, with bad debt at Sberbank...