Jason Corcoran in Moscow
UK investment bank Barclays Capital is steadily growing its Moscow operation and is getting set to hire new teams for equity capital markets and mergers and acquisitions.
BarCap currently has about a dozen bankers in Moscow working in debt capital markets.
Speaking to Financial News, Barcap chairman Hans-Joerg Rudloff said: “Eventually we want to have full teams for the full range of equity markets and M&A but it’s too early to say how many we are going to recruit.”
Barclays’ retail banking business acquired Russian lender Expobank in March last year for $745m. It has rebranded and revamped Expobank’s 36 branches in western Russia.
