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WEAFER COMMENT: Dead Cats Notwithstanding

26 September 2011 News

By Chris Weafer, Chief Strategist at Troika Dialog. “Start every day with a smile and get it over with”    W C Fields                                                                                    …

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Kudrin depature to rupture Russian investment case

26 September 2011 News

By Ivan Anderzhanov and Eugene Kasevin. Russian Finance Minister Alexei Kudrin’s statement that he is unwilling to work in a future Russian government after …

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Dutch minister urges EU sanctions for Magnitsky’s alleged killers

23 September 2011 News

By Andrei Skvarsky. Dutch Foreign Minister Uri Rosenthal has called for European Union-wide sanctions on Russian officials blamed for the death of Hermitage Capital …

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Russia seeks to lift the lid on Swiss bank accounts

23 September 2011 Deals

By Andrei Skvarsky. The Swiss government has promised to disclose details of some of the Russian accounts in Swiss banks to Russian authorities. …

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Jordan asks to join EBRD

22 September 2011 News

By Andrei Skvarsky. Jordan has asked to join the European Bank for Reconstruction and Development with a view to receiving EBRD funding, the European …

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RenCap hires economist for Turkey, Eastern European countries, Egypt

22 September 2011 Hires & Fires

By Andrei Skvarsky. Russian broker Renaissance Capital has hired Mert Yildiz from Kuwait China Investment Company as economist for Turkey, the Czech Republic, Hungary, …

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WEAFER COMMENT: Let’s Twist Again

21 September 2011 News

By Chris Weafer, Chief Strategist at Troika Dialog. Before you start humming the track, it is not the Chubby Checker version referred to but the …

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VTB expects bailed-out Bank of Moscow to make rocketing profits

21 September 2011 Deals

By Andrei Skvarsky. Russia’s state-owned VTB Group, which is taking over Bank of Moscow, expects the latter to make a minimum net profit of …

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J.P. Morgan lends $100m to Sberbank

21 September 2011 Deals

By Andrei Skvarsky. J.P. Morgan has extended a five-year loan of $100m to Sberbank for the “pre-export financing of a corporate client in the …

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BNP Paribas replaces chief operating officer in Moscow

21 September 2011 Hires & Fires

By Andrei Skvarsky. French bank BNP Paribas has appointed Palle Larsen as chief operating officer at its Russian subsidiary, having moved him over from …

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RenCap records 25% drop in London operation’s revenues for 2010

21 September 2011 News

By Andrei Skvarsky. Russian brokerage Renaissance Capital’s London-based operation recorded a 25% drop in its revenues for last year due to a change of …

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Troika Dialog hires Merrill’s Todd Berman to co-run investment banking

20 September 2011 Deals

By Andrei Skvarsky. Russian broker Troika Dialog has hired Todd Berman from Bank of America Merrill Lynch as co-head of investment banking. Berman, …

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Micex elects new board, with top banks still represented

20 September 2011 Hires & Fires

By Andrei Skvarsky. Micex, Russia’s biggest stock exchange, has elected a new board of directors, which includes bankers who sat on the previous board. …

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Russia’s sovereign private equity fund names advisers

19 September 2011 Hires & Fires

By Andrei Skvarsky. The Russian Direct Investment Fund (RDIF), a sovereign institution for promoting foreign investment in Russia’s barren private equity sector, has put together …

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