Sberbank CIB, the investment banking unit of Russia’s largest lender, postponed its Moscow investor forum scheduled for April, citing a “lack of short- term visibility around the Ukraine situation.”
If you need a genuine Kalashnikov rifle, Sergey Chemezov is your man. He’d also be happy to sell you a dual-screen smartphone, neonatal incubators, heavy-duty trucks or a few tons of titanium.
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.
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.
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.
Troika Dialog, Russia’s oldest investment bank, said it named Anatoly Popov as head of the company’s retail business.
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.
OAO Sberbank will approve the purchase of Troika Dialog, Russia’s oldest investment bank, at a meeting today of its advisory board, Vedomosti reported, citing an unidentified board member.
Russia’s Otkritie Financial Corp. might be acquiring Nomos Bank on behalf of its shareholder VTB Group, according to analysts at Troika Dialog.
"The independents and oil companies want to get into the gas business very badly, using every trick in the book to monetize their assets and entice customers away from Gazprom."
- Troika Dialog on Jul 20, 2012