Troika Dialog News
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A former OAO Sberbank manager whose workplace comments are at the center of a U.K. sex-bias claim testified he wasn’t motivated by gender when he referred to a female employee as a drug user and that workplace insults were common at the Moscow-based bank.
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Co. sells 20.53% of AvtoVAZ shares to Alliance Rostec Auto B.V., which is a joint venture of state corporation Russian Technologies and Renault-Nissan alliance, Vedomosti reports, citing an unidentified representative of the Russian state co.
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Russian investment banks controlled by the government of President Vladimir Putin are squeezing out foreign competitors, helped by a bailout of the country’s richest men five years ago.
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David Longmuir, head of equity sales at OAO Sberbank’s London unit, agreed to step down after being accused of referring to a colleague as “Ms. Cokehead,” according to two people with knowledge of the matter.
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Chris Weafer has left his position as chief strategist at the investment banking unit of OAO Sberbank, bringing to an end his second stint at the subsidiary of Russia’s largest lender.
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OAO Sberbank, Russia’s largest lender, is halting equities operations in Kazakhstan as margins shrink and the banking regulator tightens capital requirements, according to three people with knowledge of the matter.
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Russia’s government is tightening its grip on capital markets by expanding the investment-banking arms of two state-run lenders at the expense of Western firms.
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OAO Sberbank, Russia’s biggest lender, is beginning to offer clients mutual funds and venture capital funds managed by Troika Dialog, according to an e-mailed statement today.
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Troika Dialog, the Russian brokerage being acquired by OAO Sberbank , said it is rehiring Graham Dean Hart to head equity trading in London, and recruiting Guy Marshall for a senior equity-sales role.
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Troika Dialog, Russia’s oldest investment bank, said it named Anatoly Popov as head of the company’s retail business.
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