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Merrill Lynch promises “strategic hires” in Russia

2 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 “strategic hires”. …

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Aton hands senior DMA sales role to UniCredit’s Somov

30 September 2011 Hires & Fires

By Andrei Skvarsky. Russian investment firm Aton has hired Evgeny Somov from UniCredit Securities for a senior job in direct market access sales. …

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TKB Capital puts Otkritie’s Nazarov in charge of equity sales

30 September 2011 Deals

By Andrei Skvarsky.   TKB Capital, an investment bank owned by Russian mining giant Norilsk Nickel, has hired Evgeny Nazarov from Otkritie as …

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Promsvyazbank hires ex-Aton banker to run trust management arm

30 September 2011 Hires & Fires

By Andrei Skvarsky.   Russia’s Promsvyazbank has hired Alexei Ischenko, a former senior executive at Aton, as head of its trust management division. …

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Barclays Russia on the block again as Kazakhs back out

29 September 2011 Deals

Barclays Bank’s deal to sell its Russian retail unit to Kazakhstan’s leading lender by assets is no longer on the cards, according to Kommersant. …

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Financial regulator not to intefere in “more calm” markets

28 September 2011 News

By Ivan Anderzhanov. Russia’s financial regulator has opted not to interfere by using market controls like it availed of in the aftermath of the …

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Renaissance slices 10% of headcount

28 September 2011 Hires & Fires

By Andrei Skvarsky. Renaissance Group is slicing 10% percent its global personnel across its main business lines of investment banking, asset management and private …

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Sberbank’s Gref rules himself out as Kudrin replacement

27 September 2011 Hires & Fires

By Andrei Skvarsky. Sberbank chief executive German Gref effectively denied today that he would take up Russia’s finance portfolio after Alexei Kudrin’s sensational departure …

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Otkritie nabs Natkin for New York sales position

27 September 2011 Hires & Fires

By Marcus Williams. Russia’s Otkritie Capital has recruited J.P. Natkin from French bank Credit Agricole as director of equity sales for its new Wall …

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Sberbank slashes branch network by 239

27 September 2011 Deals

By Ivan Anderzhanov. Sberbank, Russia’s biggest lender, has cut its retail network by 239 in the first six months of this year even as …

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Russia Finance Minister Kudrin ‘quits’ after 11 years

26 September 2011 Hires & Fires

By Marcus Williams. Russia’s Finance Minister Alexei Kudrin, the cool-headed darling of the country’s purse-strings, has resigned after clashing with President Dmitry …

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VTB Capital names new co-heads of research

26 September 2011 Hires & Fires

By Andrei Skvarsky. Russia’s VTB Capital today named Dmitry Dmitriev and Alexander Pukhaev as its new co-heads of research. Prior to their appointments, …

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Reaction to Kudrin’s shock move to quit finance ministry

26 September 2011 News

Julia Tsepliaeva, Chief Economist, Russia & CIS, at BNP Paribas We see this dispute to reflect more hidden political disputes in the current ruling …

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RTS Index futures top one million in a session

26 September 2011 Deals

Investors punted over a million trades in RTS Index futures on Friday as a global sell-off spurred a jump in volumes. By the end …

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