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hong kong

VTB Capital to boost its Asian business

by admin on June 8, 2010

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 [...]

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By Marcus Williams
Neil Harvey has quit his role as deputy chief executive of the Renaissance Group to return to work for Credit Suisse in building its asset management business in Asia.
Harvey, who previously had spent ten years at Cred Suisse in Hong Kong, will be in charge of developing and executing an expansion strategy in the Asian market for Credit Suisse. [...]

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By Marcus Williams
A roster of investment banking heavyweights are biting at the leash following the news today that aluminum producer Rusal has concluded a debt restructuring deal on $7.4bn owed to Western creditors.
The agreement should pave the way for an initial public offering of as much as $2.5bn, or 10% of the company. Investment banking [...]

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