VTB Capital, Investment Business of VTB Group, strengthens its Research Team by hiring Wiktor Bielski as Global Head of Commodities Research. Wiktor is based in London and reports to Alexander Pukhaev, Head of Commodities, Oil & Gas and Metals & Mining, VTB Capital. Wiktor will be responsible for the development of a market-leading commodity research… Continue Reading
Standard Bank aquires stake in Troika Dialog
STANDARD BANK has appointed Peter Ghavami (former head of capital markets in Russia at Lehman Brothers & prior to that with UBS where he was the global head of commodities to partner Nick Jordan in building its Russian business) to control its investment in Moscow brokerage Troika Dialog. The South African bank acquired a third… Continue Reading
Institutional Investor ranks Russian research teams
Renaissance Capital, the emerging markets investment bank, has placed first in Institutional Investor’s 2009 Emerging Europe, Middle East and Africa (EMEA) research poll. The authoritative survey of buy-side investment professionals found that Renaissance Capital analysts are considered best-in-field in ten categories, with the next-best house securing two first-place rankings. Renaissance Capital’s team placed first in… Continue Reading
Senior bankers leave Merrill
BANK OF AMERICA MERRILL LYNCH has laid off Dmitri Rozanov one of the most productive dealmakers who led the Russian M&A business while based in London. He was previously with JP Morgan & was ranked number one in Thomson Reuters’ league table for the Russian region last year with 14 deals worth $24bn (€18.8bn). His… Continue Reading
JP Morgan establishes local office in Kazakhstan
J.P. Morgan announced today that it has opened a representative office in Almaty, the country’s financial capital, further enhancing the reach and capabilities of its successful investment banking franchise. The office is supported by J.P. Morgan’s industry and product teams worldwide, providing local Kazakhstan-based clients with a diversified line of investment banking products, including debt… Continue Reading
Renaissance Capital appoints new head of Private Equity business
RENAISSANCE CAPITAL has appointed Chris Baxter, the former chairman of investment banking as the chief executive of Renaissance Partners, to lead its private equity business. His appointment is subsequent to the loss of two seniors (Richard Olphert and Rory Cullinan, chairman and deputy chairman) from the division ever since the start of the year. The… Continue Reading