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From the monthly archives:

November 2009

By Ivan Anderzhanov in Moscow The world’s biggest bank HSBC is joining forces with Allianz Rosno Asset Management by offering its wealthy clients access …

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By Marcus Williams Russia’s St Petersburg Bank has raised $150m through the sale of additional preference shares at $3.1 per share which was the …

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By Ivan Anderzhanov in Moscow Andrey Donskikh, chairman of UralSib Financial Corporation,  has stepped down from the bank’s top position. …

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By Jerome Booth, head of research and Ousmene Mandeng, head of public sector investment advisory at Ashmore Investment Management SUMMARY: The recent …

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By Ivan Anderzhanov in Moscow Saxo Bank, the Danish online trading business which established a presence in Russia through its acquisition of Capital Four, …

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By Marcus Williams Russia intends to half the size of its banking sector by raising the minimum shareholder equity for its banks to 1 …

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By Ivan Anderzhanov in Moscow The European Bank for Reconstruction and Development (EBRD) has confirmed it will buy a 11.7 % stake in Russia’s …

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By Ivan Anderzhanov in Moscow Trust Bank has hired Igor Potapov as head of investment banking as it attempts to rebuild its equity brokerage …

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By Rustam Botahev, Senior Analyst at Unicredit Securities Bank Saint Petersburg plans to raise $200m in a placement of convertible preferred shares, Bloomberg …

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By Jason Corcoran in Moscow Russian President Dmitry Medvedev has ordered prosecutors to investigate the death of the Hermitage Capital lawyer Sergei Magnitsky who …

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By Ivan Anderzhanov Russia’s state-controlled VTB Bank has launched a subsidiary business in Azerbaijan with the intention of developing a full range of products …

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By Jason Corcoran Pharos Financial Advisors today launched a $350m private equity fund focused on acquiring and operating land in Eastern Europe, Eurasia and …

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By Ivan Anderzhanov in Moscow The $453bn Norwegian sovereign wealth fund has dumped its stake in Russian miner Norilsk Nickel on the grounds it …

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By Ivan Anderzhanov in Moscow Russian state savings giant Sberbank has hired Sergey Borovikov to head its new private banking unit. …

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