EXCLUSIVE: HSBC hires Zhukov from Nomura as head of research

By Andrei Skvarsky.

HSBC has hired Vladimir Zhukov from Nomura as head of research in ramping up its investment banking arm in Moscow after deciding to sell its retail operations in Russia.

Zhukov confirmed to EmergingMarkets.me that he had started work as head of Russian equity research and metals and mining analyst at the British bank, which has limited its Russian business to corporate and commercial banking after closing its retail offices and has had very limited analyst presence on the ground.

Zhukov worked at Lehman Brothers before his stint as a senior metals and mining analyst at Nomura, Japan’s financial powerhouse. He had held senior jobs with Alfa-Bank and Norilsk Nickel earlier on.

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