By Andrei Skvarsky. Alexander Vengranovich, who was a real estate analyst at Renaissance Capital in 2007-2008, has returned to the Moscow-based investment bank, this time as global head of telecoms research. Continue Reading
By Andrei Skvarsky. Alexander Vengranovich, who was a real estate analyst at Renaissance Capital in 2007-2008, has returned to the Moscow-based investment bank, this time as global head of telecoms research. Continue Reading
By Andrei Skvarsky. Tolar HashNET, a technology firm based in ex-Yugoslav states, has developed and last month test-launched a blockchain platform that the United Nations has listed among projects supporting the Sustainable Development Goals set to the international community by the organisation. Continue Reading
By Andrei Skvarsky. Unresolved issues originating in outdated business organisation systems are the main hurdle faced by insurance companies worldwide in trying to put their business on a high-tech basis, a survey suggests. Continue Reading
By Andrei Skvarsky. As regulators gradually take control of cryptocurrencies, the global crypto community is abandoning its initial attitude that being outside governmental regulation is an advantage of digital money. Continue Reading
By Andrei Skvarsky. Tolar, a one-year-old blockchain and cryptocurrency developer group based in ex-Yugoslav states, has signed a deal licencing the Bahraini government to use an advanced technology based on its flagship blockchain project. Continue Reading
By Andrei Skvarsky. Investment bank Renaissance Capital has hired Sergey Beiden, a former senior strategist at Russian electricity generator Quadra, as utilities analyst for Russia, Africa and European emerging markets. Continue Reading
By Andrei Skvarsky. Renaissance Capital, a Moscow-based investment bank with global operations, has hired Ivan Kachkovski, formerly a senior researcher at Deutsche Bank, as an equity analyst for Russia, the Commonwealth of Independent States and emerging Europe. Continue Reading
Cryptocurrencies and blockchain, which are the “in-thing” in financial markets across the world today, will be among numerous subjects to be raised at the VII Cbonds Emerging Markets Bond Conference in London on April 19-20, organised by St Petersburg-based financial information company Cbonds. Continue Reading
About 200 financiers are expected to come together for an annual conference in London on April 19-20 to discuss anticipated developments and investment opportunities in fixed income markets in Africa, the Middle East, Latin America, Asia, Central and Eastern Europe, Ukraine, Russia, other member countries of the Commonwealth of Independent States, and the Caucasus region. Continue Reading
By Alex Mirzaian, Crypto-Currency Researcher. Being able to weather many markets is not easy. When it’s going up it seems like a breeze on a nice sunny day. When it’s a bear market, you start to freak out and get emotional. Since the early 1900s, the stock market has done the same thing that many… Continue Reading
By Andrei Skvarsky. The former communist countries of Central and Eastern Europe showed impressive economic growth in the first quarter of 2017 with an average gross domestic product increase of 3.5 per cent, according to New York-based data provider CEIC. Continue Reading
With Brexit being a serious challenge to bankers, the extensive agenda of this September’s planned 7th Annual Risk Management Forum in Vienna includes a session on what the conference organisers describe as a “new generation of risks” posed by Britain’s planned 2019 secession from the European Union. Continue Reading
By Andrei Skvarsky. France’s Carrefour and Germany’s Kaufland are among retailers that have found themselves entangled in a corruption scandal in Poland as executives were accused of accepting massive bribes from beverage producers for putting some of their drinks on supermarket shelves, according to a Polish daily. Continue Reading
Kroll, a consultancy specialising in risk mitigation, compliance and security, has promoted five executives based in various parts of the globe to the position of managing director. Continue Reading
By Andrei Skvarsky. Lamudi, a two-year-old real estate portal focusing on emerging and frontier markets, says the number of visits to it from mobile devices has surged by an average of 32.17% since 2014. Continue Reading
By Andrei Skvarsky. Russia’s biggest lender Sberbank and online retail bank Tinkoff were among the first-round winners in the 2015 World’s Best Digital Banks competition held annually by Global Finance, the famous New York-based monthly. Continue Reading
Carlyle International Energy Partners (CIEP) announced plans to purchase Sterling Resources’ Romanian gas fields. The news comes just a few days after the private equity fund announced it had raised $2.5 billion to purchase global energy assets. With the slump in oil prices hammering Sterling’s revenue streams, the deal allowed Carlyle to snap up at… Continue Reading
By Andrei Skvarsky. The Abraaj Group, a global private equity firm focusing on emerging and frontier markets, will yearly pay scholarships for the next five years to five Royal College of Art students from Africa, Turkey, the Middle East, Asia and Latin America as part of a joint project with the London-based postgraduate school of… Continue Reading
Russia imposed a ban on food imports from the West, including 11 EBRD countries where the EBRD invests, in early August. The one-year import ban on fruits, vegetables, meat, fish, milk and dairy products from the EU, the US, Australia, Canada and Norway was part of its reaction to the West’s own sanctions imposed as… Continue Reading
The EBRD has reduced its stake in Cyfrowy Polsat, Poland’s leading media and telecommunications companies, by selling 33 per cent of its shares. The partial sale reflects the Bank’s continuing commitment to the company and its successful development. Continue Reading
By Andrei Skvarsky. A vice-president of the European Parliament has proposed limiting the convertibility of the Russian ruble as an addition to the Western sanctions imposed on Russia for its presumed support for the separatist insurgency in eastern Ukraine. Continue Reading
By Andrei Skvarsky. The website of the Warsaw Stock Exchange was temporarily paralysed on August 14 by a presumed hacking attack from eastern Ukrainian pro-Russia rebels, but the bourse said none of its trade had been affected. Continue Reading
The crisis in Russia and Ukraine is having a severe impact on the economies of the two countries and is threatening to slow down the recovery in the wider EBRD region – or even bring it to a complete halt. {{{?}}} The EBRD’s latest economic report predicts growth in the transition region of just 1.4 per cent in 2014,… Continue Reading
By Andrei Skvarsky. Renaissance Capital, a Russian emerging- and frontier-markets investment bank, has hired David George from Goldman Sachs as head of trading in London. {{{?}}} George will be based in London in his new job, which he takes in March, and report to RenCap’s global head of equities, Ben Samuels. His duties will include… Continue Reading
By Andrei Skvarsky. The European Bank for Reconstruction and Development (EBRD) and NASDAQ OMX were co-organisers of an international conference last week that pondered ways of building more vibrant capital markets in Armenia. {{{?}}} The event, held in Tsakhkadzor, Armenia, brought together more than 100 delegates who represented commercial and central banks, potential issuers of… Continue Reading
By Peter Elam Hakansson, Chairman and Head of Public Equity investment team, East Capital.* The first month of the year turned out to be a very difficult one for emerging markets, with a fear of tapering by the US Federal reserve and a slowdown of the Chinese economy leading to a sharp sell-off of emerging… Continue Reading
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has hired Tamas Haiman from Citibank as head of global markets at Sberbank Europe AG, its Central and Eastern European operation. {{{?}}} Haiman, who joins Sberbank on February 3, will be based in Vienna and report to Igor Strehl at Sberbank Europe and Alexey Zaytsev at the global… Continue Reading
{{{?}}} For professionals working in a new culture, it’s crucial that employers can easily grasp the value of your past experience to them and their company. Unfortunately, there is a lot of terrible advice on the internet and some terrible ‘standard’ formats. The Europass CV template is the most common and probably the worst and… Continue Reading
{{{?}}} In 2013, the number of companies involved in corporate recruitment expanded again, for better or for worse. In 2014 there will be type of chaos in the market, which will effect how real people achieve career-defining steps and changes. Executive recruiters; in-house recruiters; HR directors; outsourcers; procurement teams; Linked-in junkies, employer brand managers; company… Continue Reading