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EXCLUSIVE: UniCredit to bounce back in Russia ?

July 16, 2010

By Ivan Anderzhanov

UniCredit Securities is trying to bounce back from a wave of defections with an attempt to rebuild its investment banking team in Russia.

The Italian investment bank is believed to have hired  Jan Plesar, a senior sales trader from ING, and is plotting a  dozen or so further hires for research, mergers and acquisitions and project finance.

UniCredit has suffered a number of defections and departures from its Moscow team, not least since Aton relaunched its institutional business last summer. The Italian bank bought the original Aton business.

London-based Mark Robinson also recently stepped as global head of equity research and chief strategist. Pavel Sorokin, oil analyst, quit to join Alfa. Senior management have also left to do other things.

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