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Troika Dialog hires Deutsche’s Gordeyeva as senior analyst

24 October 2011 Hires & Fires

By Andrei Skvarsky. Russian brokerage Troika Dialog has hired Julia Gordeyeva from Deutsche Bank  as a senior real estate analyst. Before joining Deutsche …

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Troika Dialog hires Citi’s Walker in preparing for Sberbank era

21 October 2011 Hires & Fires

By Andrei Skvarsky. Russian broker Troika Dialog has hired David Walker from Citigroup as a managing director in its investment banking division. Walker’s …

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UniCredit sets out fund distribution alliance with BNP Paribas

20 October 2011 Deals

By Andrei Skvarsky. UniCredit’s lending arm in Russia will be selling, exchanging and redeeming shares in 18 mutual funds managed by French-Russian venture TKB …

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Societe Generale’s Rosbank hit by 146.6m-euro fraud

19 October 2011 News

By Andrei Skvarsky. Societe Generale lost 146.6m euros through fraud at Rosbank, the French bank’s Russian subsidiary, in 2007. The fraud was committed …

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Otkritie plans 10% personnel cuts

19 October 2011 Hires & Fires

By Andrei Skvarsky. Otkritie has decided to cut its personnel by 10%, following other Russian banks that have embarked on redundancy schemes. About …

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Sberbank buying Russian unit of Allianz

18 October 2011 Deals

By Andrei Skvarsky. Sberbank has announced it is buying a Russian unit of Europe’s largest insurance company, Allianz. Sberbank’s 100% takeover of Allianz …

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KRAUS COMMENT: The Twilight of the West

18 October 2011 News

By Eric Kraus, author of the Truth and Beauty (and Russian Finance). The good news is that we have a ringside seat …

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Merrill Lynch promises “strategic hires” in Russia

17 October 2011 Hires & Fires

By Andrei Skvarsky.   Bank of America Merrill Lynch has announced it “is strengthening its infrastructure” in Russia and is going to make …

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Khodorkovsky money found stashed in Swiss bank

17 October 2011 News

By Andrei Skvarsky.   Jailed Russian tycoon Mikhail Khodorkovsky has stashed between 15m and 20m euros on an account in Swiss bank Julius …

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Micex-RTS set provisional trading schedule for New Year’s ‘holiday’

14 October 2011 News

By Andrei Skvarsky. Russian stock exchanges Micex and RTS have warned they will not issue trading schedules for the New Year holiday season of …

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VTB to axe one-third of jobs by 2014

14 October 2011 News

By Andrei Skvarsky. Russia’s VTB Group plans to make 1,500 employees – one-third of its personnel – redundant by the end of 2013 as …

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EXCLUSIVE: Dutch bank ING goes on Russian hiring spree

14 October 2011 Hires & Fires

By Andrei Skvarsky.   Dutch bank ING has made a series of hires for its investment banking team in Russia over the past …

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UKRAINE COMMENT: Muted response by markets to Tymoshenko sentence

14 October 2011 News

Arthur McCallum  Arthur McCallum, Head of Strategy at Eavex Capital. The October 11 sentencing of Yulia Tymoshenko to seven years in jail and …

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Sberbank targeting cheap buyouts in crisis-rocked Europe

14 October 2011 Deals

By Andrei Skvarsky.   Wounded European banks UniCredit Group, Raiffeisen, Societe Generale and KBC Group are the next most likely targets for acquisition-hungry …

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