By Andrei Skvarsky. The European Banking Authority (EBA) has published draft retail banking guidelines aimed at ensuring that banks in European Union countries pay more attention to the interests of consumers in designing their products. Continue Reading
Moscow Exchange to outsource IT trading hardware to DataSpace-owned facility
By Andrei Skvarsky. Moscow Exchange is going to move its principal IT hardware – trading, clearing and depository equipment and client colocation units – to a colocation data centre in Moscow owned by the DataSpace company. Continue Reading
B2B software integrator Mirantis raises $100 million in record Series B round
Mirantis, a California-based systems integrator with teams in several countries including Russia and Ukraine, has closed a $100 million series B round with the participation of Insight Venture Partners and August Capital. They were joined by existing investors Intel Capital, WestSummit Capital, Ericsson, and Sapphire Ventures (formerly SAP Ventures). Continue Reading
Social alarm clock Wakie secured $1 million from Leta Capital and Titanium Investments
Leta Capital, the venture arm of Russian IT security solution provider Leta Group, and Titanium Investments, an international venture fund with Russian connections, have invested $1 million in Wakie, the developer of a social alarm clock. Continue Reading
Fixed Income Portfolio Manager – Investment Management Firm – London
Leading Investment Management Firm is looking for Fixed Income Portfolio Manager for their London office. Continue Reading
High-Yield Credit Analyst – Multi Strategy Hedge Fund – London
Leading multi-strategy investment management firm is seeking experienced High Yield Bond Analyst with at 3-5 years of Buy-side experience to be based in London office. Position requires at least 3 years of experience covering High Yield corporates credit. Continue Reading
Legal Secretary Fluent Russian, London
A direct vacancy from www.russiansinthecity.eu Primary responsibilities will include, but are not limited to: • Document Production • Undertake all document production tasks to the highest standards and to agreed deadlines using appropriate software and all available resources. • Type from audio or manuscript using house style documents and non house style where required. • Prepare… Continue Reading
Junior Reconciliations Assistant, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Finance team. To maintain reconciliation of technical ledger to bank statements & of Client accounts, in respective currencies. Working closing with the Back Office department to resolve any queries arising from the reconciliation process. To assist with daily reporting requirements which are core to the Finance department. Continue Reading
Corporate Credit Analyst – Hedge Fund – Luxembourg
Our client is a large blue-chip credit focused asset management firm with a very strong reputation in the market and outstanding performance. Continue Reading
Finance Associate – Hedge Fund – London
Multi-strategy hedge fund is looking for Finance associate to join their London office. Continue Reading
Operations Analyst – Hedge Fund – London
Leading hedge fund is looking for OTC Trade Operations Specialist to join their London office. Continue Reading
ASIA FRONTIER CAPITAL – Country Snapshot – Myanmar
Following recent democratization measures, including the release of hundreds of political prisoners, cease-fire agreements with ethnic rebels, and the incorporation of long-time human rights champion Aung San Suu Kyi into the political process, it is apparent that Myanmar is determined to become fully integrated into the international community. Continue Reading
Deutsche Boerse think tank: Russians’ five-year macroeconomic outlook less than radiant
By Andrei Skvarsky. A poll by a Deutsche Boerse-owned think tank suggests the average Russian was more pessimistic in October than in September about what overall business conditions would be like in Russia five years from now. Continue Reading
EXCLUSIVE: Deutsche Boerse group economist optimistic about free-floating ruble’s long-term effects but says move unlikely to cure current Russian ailments
By Andrei Skvarsky. A senior economist in the Deutsche Boerse group argues that the Russian central bank’s decision to abandon the ruble’s trading corridor as from next year, letting the currency float freely, is a positive move long-term but unlikely to help the ailing Russian economy a great deal short-term. Continue Reading
Execution Trader (FX, Credit, Rates) – EM Hedge Fund – Hong Kong
Leading EM focused hedge fund. looking for execution trader (to cover FX, credit, rates) with strong academic background and 2-5 years of experience gained either on trading or sales desk at investment bank covering relevant products. Continue Reading
Ukraine forbids its banks to open ruble accounts
By Andrei Skvarsky. Ukraine’s central bank has prohibited commercial banks from opening Russian ruble accounts and issuing loans in rubles. Continue Reading
Peru tops Economist weekly’s financial inclusion list
By Andrei Skvarsky. Peru is the country with the world’s most conducive environment for financial inclusion – the delivery of affordable financial services to low-income strata, according to an annual survey by the Economist. Continue Reading
Junior English Copywriter, London
A direct vacancy from www.russiansinthecity.eu * To work alongside all members of the Marketing team in the development and maintenance of websites, plus all online and offline promotional and marketing material for Alpari (UK) and associated Alpari Group companies, offices and entities * To maintain our brand guidelines and distinctive tone of voice as well as positioning… Continue Reading
Client Data Analyst, London
A direct vacancy from www.russiansinthecity.eu To support the data and insight agenda of the business through queries, reporting, model building and support, information sharing and data analysis. Continue Reading
Account Opening Assistant (Italian), London
A direct vacancy from www.russiansinthecity.eu As an Account Opening Assistant you will support the drive for new client acquisition by providing an exceptional customer service in the account opening process, whilst ensuring compliance with regulatory requirements. You will interact across the international offices to support them in the account opening process for clients from the various regions.… Continue Reading
Junior Reconciliations Assistant, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Finance team. To maintain reconciliation of technical ledger to bank statements & of Client accounts, in respective currencies. Working closing with the Back Office department to resolve any queries arising from the reconciliation process. Continue Reading
C++ Developer, Bloomberg, London
A direct vacancy from www.russiansinthecity.eu Guide development of software products using C and C++ on Unix. Responsible for planning and executing small and mid-size projects by working through the project life-cycle from requirements elicitation, risk assessment and development through operations and maintenance. Hands-on software development including selecting and implementing efficient algorithms; writing clear, well-documented, and bug-free… Continue Reading
Financial Risk Management, Moscow
A direct vacancy from www.russiansinthecity.eu KPMG’s market leading banking Financial Risk Management (FRM) practice in Moscow is looking to recruit experienced professionals to help us build on the growth momentum we are experiencing in this business. Continue Reading
APEC to harmonise asset valuation standards
By Andrei Skvarsky. Asia-Pacific Economic Cooperation (APEC), a loose Pacific Rim trading bloc whose 21 member economies economies account for 44% of global trade, has decided to work for the adoption of uniform region-wide asset valuation standards as a step towards the global harmonisation of valuation practices. Continue Reading
Abraaj chief hypes Mexico’s “unique” investment opportunities
By Andrei Skvarsky. The chief executive of Abraaj, a global private equity firm, argues that “diverse urban economies” in Mexico offer “unique” opportunities to international private equity investors. Continue Reading
General Manager, London
A direct vacancy from www.russiansinthecity.eu Industries: Publishing and advertising Location: Central London Engagement: Permanent Company average annual turnover: £400- 500,000 Annual remuneration: Continue Reading
Sales Manager, London
A direct vacancy from www.russiansinthecity.eu Industries: Publishing and advertising Location: Central London Engagement: Permanent Company average annual turnover: £400- 500,000 Continue Reading
Sberbank report compares Russia and Turkey
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has released a research report comparing Russia and Turkey as similar markets and arguing that Turkey is doing somewhat better than Russia today but that the situation may reverse before long.cheaper penetration stories like X5 Retail Group in Russia, they say. Continue Reading
Deutsche Boerse analysts: Business sentiment in Russia sliding as ruble loses value
By Andrei Skvarsky. According to Deutsche Boerse-owned intelligence firm MNI, business sentiment among Russian companies has been predominantly negative since September and edged further down in October as the ruble has kept depreciating. Continue Reading