Follow Us :

BRIC exchanges join up the dots for alliance

13 October 2011 Deals

By Marcus Williams. The exchanges of the emerging markets bloc of Brazil, Russia, India and China are forming an alliance to help …

Read the full article →

RenCap continues big-name hires by luring Cheyne’s Hyman

12 October 2011 Hires & Fires

By Andrei Skvarsky.   Russian broker Renaissance Capital has hired Morgan Stanley veteran John Hyman as a Moscow-based co-head of investment banking and …

Read the full article →

Ashmore launches emerging market small-cap equity fund

12 October 2011 News

By Marcus Williams. Ashmore Investment Management is launching an emerging market small-cap equity fund to complement its existing large-cap vehicle. The new fund …

Read the full article →

Chinese sovereign fund punts $1bn in Russian private equity

12 October 2011 Deals

China’s sovereign wealth fund agreed yesterday  to invest $1bn in a Kremlin-backed investment vehicle during a visit by Russian Prime Minister Vladimir Putin. China …

Read the full article →

UniCredit jobs to go as it ”optimises” activities in Russia?

11 October 2011 Deals

By Ivan Anderzhanov. Italian bank UniCredit is expected to axe roles in Moscow as it ”optimises” its corporate and investment banking units in Russia.  …

Read the full article →

Bankers react in dismay as Russia opts to trade during New Year holiday

11 October 2011 News

By Andrei Skvarsky.Moscow bankers reacted in shock and dismay after the unexpected decision to open Russian stock exchanges Micex and RTS during most of the …

Read the full article →

Russia to bail out debt-ridden European countries?

11 October 2011 Deals

By Marcus Williams. Russia may rescue Europe from its debt crisis provided it sees a concrete rescue plan from the continent’s partners, President Dmitry …

Read the full article →

Sberbank may bid for European lender’s Turkish subsidiary

10 October 2011 Deals

By Andrei Skvarsky.   Russia’s Sberbank is considering bidding for DenizBank, a Turkish lender owned by troubled European bank Dexia.   …

Read the full article →

BNP Paribas may buy out Pioneer Investments unit from UniCredit

10 October 2011 Deals

By Andrei Skvarsky. France’s BNP Paribas is considering a partial buyout of a Russian subsidiary of US-based investment manager Pioneer Investments from …

Read the full article →

KRAUS COMMENT: The Eternal Russia – The Eternal Return

10 October 2011 News

By Eric Kraus, author of Truth and Beauty (and Russian Finance). The major story is, of course, the return of Vladimir Putin …

Read the full article →

VTB Capital hires Goldman banker to run global flow sales

10 October 2011 Hires & Fires

By Andrei Skvarsky. Russia’s VTB Capital has hired Philip Hamilton from Goldman Sachs as global head of flow sales. Hamilton joined former colleague …

Read the full article →

Mid Europa boosts stake in solar power operator to 95%

7 October 2011 Deals

By Andrei Skvarsky. The Mid Europa Partners private equity firm has announced it has boosted its stake in Energy 21, the region’s biggest solar …

Read the full article →

Merrill Lynch dismisses Russian managing director Babayan

7 October 2011 Hires & Fires

By Andrei Skvarsky.   Bank of America Merrill Lynch has dismissed Sergey Babayan as managing director of its Russian subsidiary and co-head of the …

Read the full article →

Gazprombank hires S&P’s Trofimova for investor relations role

7 October 2011 Hires & Fires

By Andrei Skvarsky. Russia’s Gazprombank has hired Ekaterina Trofimova, a former Standard & Poor’s senior analyst, as head of investor and client …

Read the full article →