by admin on June 17, 2010
By Andrei Skvarsky
Uralsib has parted company with a top analyst at its investment arm, Michael Kavanagh, without anyone to replace him, a senior executive told EmergingMarkets.me.
Konstantin Chernyshev, head of the financial corporation’s analysis department, declined to say whether Kavanagh has a new job.
Chernyshev played down Kavanagh’s departure, saying the research team [...]
by admin on June 16, 2010
By Ivan Anderzhanov
Dutch bank ING has hired Dmitry Polevoy from KIT Finance to replace Tatiana Orlova as economist for Russia and Kazakhstan Commercial Banking.
Polevoy will be responsible for analysis of macroeconomic trends and forecasting. He will cover monetary, FX and fiscal policy issues in Russia and Kazakhstan together with real sector [...]
by admin on June 15, 2010
By Andrei Skvarsky
Russia’s biggest lender Sberbank has set up two offices in Moscow to serve the wealthy and is in talks about providing these customers access to foreign securities.
The state-controlled bank, which has recently been aggressively expanding into brokering, debt capital markets and asset management, is developing a product line [...]
by admin on June 15, 2010
By Taras Rybak
Getting a banking job in Russia has become less of a cyclical fad and more of a permanent fixture.
The global economic crash following the collapse of Lehman Brothers in late 2008 has changed the game. Sovereign defaults and the boom and bust episodes in Russia pale in comparison, and seem [...]
by admin on June 15, 2010
By Ivan Anderzhanov
Dmitri Kryukov, a co-founder of the investment firm Kazimir Partners, has set up a new hedge fund and hired six former colleagues to help run it.
Kryukov quit Kazimir a year ago after a bitter dispute with the other co-founder Frank Mosier. The pair had set up the firm in 2002 having working together [...]
by admin on June 10, 2010
By Marcus Williams
US banking giant Citigroup has recruited Pawel Graniewski from Morgan Stanley to head its Warsaw-based investment-banking office as foreign investment banks swamp into Poland.
Other appointments besides Graniewski are expected as the bank hopes to profit from the government’s privatisation programme.
A number of other banks recently announced plans to [...]
by admin on June 10, 2010
By Ivan Anderzhanov
Nick Jordan, the former head of Lehman Brothers in Moscow, has made a surprising comeback as the head of Russia and CIS for Swiss bank UBS.
Jordan, who was allegedly brought to Lehman from Deutsche Bank for $10m over years, had been in limbo for the past year after losing [...]
By Andrei Skvarsky
Russian Standard Bank has appointed Yelena Suhoveeva as head of its private banking arm and senior vice-president.
Suhoveeva, whose duties will include overseeing infrastructure and network development for servicing high net worth individuals, joins the Moscow-based firm from the Russian subsidiary of Raiffeisenbank, where she at various times worked [...]
By Andrei Skvarsky
Russia’s Metropol has set up a debt unit and has hired Semen Odintsov, who previously worked at the debt syndicates of TransCreditBank and Troika Dialog.
The unit’s immediate task is to develop an analytical product line for primary and secondary bond markets and devise new book building methods, Metropol [...]
By Ivan Anderzhanov
Russian investment bank VTB Capital intends to triple its Asian business by launching operations in Hong Kong and expanding further into China, Vietnam and India, according to a Reuters report.
VTB Capital currently employs about 30 people in Singapore, its only Asian office, which focuses on placing Russian government and corporate debt with Asian [...]
By Andrei Skvarsky
Alexei Sizov, former head of debt at Renaissance Capital, has resurfaced at the Moscow office of Swiss bank UBS.
A UBS source confirmed to EmergingMarkets.me that Sizov, who led RenCap’s debt team for almost a decade, had been hired for a similar such role.
Sizov also worked at Renaissance Partners, Renaissance Group’s private equity arm, [...]
By Marcus Williams
Vladimir Tatarchuk, co-head of investment and corporate banking at Alfa Bank, has quit Russia’s largest private banking institution and may join VTB, according to a Vedomosti report today.
A number of senior Moscow-based bankers are rumoured to be joining the new wave or recruits at state–controlled VTB Capital, which has grown quickly after initially [...]