20 articles found within the last year.
Displaying results 1 - 20
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Russia seeks arrest of Hermitage co-founder
Russian hedge fund Hermitage Capital has vowed to ... Russia's Ministry of Interior this morning said it ... A spokesman for Hermitage confirmed the charges and ... Hermitage has posted its explanation of the complex ... Browder told Financial News last November that his ... He said it began when he was unexpectedly...
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Barclays to target wealthy Russians with new initiative
Barclays is planning to launch an asset management ... The bank will launch an asset management group ... Hans-Joerg Rudloff, chairman of Barclays in Russia, said ... Rudloff said: “These are good long-term investments – ... Barclays’ retail bank acquired Russian lender Expobank last...
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Bonuses become a wedge issue in the G20
Bankers' pay has become one of the most ... UK Chancellor Alistair Darling earlier this month pledged ... Even before Tuesday's deal with banks, the French ... "The problem with guidelines is that you apply ... Germany has mostly agreed with France at G20 ... But Merkel has allied herself with French President...
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Renaissance boss moves into 'post-crisis' mode
The co-founder of Renaissance Capital has attempted to ... In a memo to staff last week, seen ... The memo comes 10 months after Renaissance was ... Following Prokhorov’s investment Renaissance cut hundreds of jobs ... Jennings wrote: “As always opportunities come with uncertainty...
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BofA Merrill pushes past 100 investment banking hires
Bank of America Merrill Lynch, which has been ... Sergey Babayan has joined as co-head of the ... The move is the latest in a series ... The bank hired Sanaz Zaimi as head of ... The appointments meanwhile follow the departure of senior ... In its efforts to retain staff at the...
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Founder departs top-performing Russia hedge fund
Dmitry Kryukov, the co-founder of one of the ... Kazimir Partners, a hedge fund firm with offices ... Kazimir declined to comment on Kryukov’s departure but ... The fund was one of one of the ... The Kazimir Russia fund maintained a top ranking ... In 2005, Kazimir acquired the funds business of...
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UBS promotes for equities and structured products
The head of emerging European equities at UBS ... In a memo to clients, UBS said the ... Cordan will act as a liaison between the ... Cordan, who been with UBS for eight years ... Additional responsibilities will include sitting on the equity ... Cordan joined UBS from ABN Amro in 2001,...
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UK banks splash out for Russian mission
The opening last week of HSBC Bank’s first ... The bank is spending $200m rolling out a ... The bank has hired 300 staff and some ... Other British high street banking brands have been ... Royal Bank of Scotland acquired three offices in ... A year ago, British businessmen and investors were...
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European investors upbeat on Russia
The majority of European investors believe Russian equities ... A recent survey of 30 European institutional investors ... However, the survey found that only 39% said ... The survey follows a spectacular rally in Russian ... The ruble-denominated Micex stock exchange has gained 115%...
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Top duo exit Russian broker after rocky nine months
Two senior managers have left Troika Dialog after ... The chief executive of Troika Dialog’s UK business, ... Snell resigned from Troika this week but will ... Pukas, who is leaving along with two colleagues, ... His responsibilities as managing director and chief investment...
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UK Renaissance investment chief exits
Rod Barker, the UK chief executive of Renaissance ... Barker’s exit from Renaissance follows the departure of ... Movchan had been sole head of the division ... Barker is to be replaced by Brian O’Callaghan, ... Barker, who is a regular on London’s television ... Renaissance confirmed Barker's imminent departure....
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Moscow top-earner gets cold shoulder
Nick Jordan, one of the highest-profile bankers in ... Jordan had expected to be appointed head of ... US banker Jordan was hired two years ago ... Most of the team Jordan recruited during his ... Jordan declined to comment. Nomura declined to comment ... Another high-profile banker to exit his role in...
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Cash-strapped oligarchs forgo art and sushi
The opening of upmarket Japanese restaurant Nobu this ... Sushi and sashimi have long overtaken borscht and ... The Nobu chain, which was co-founded by Hollywood ... Both De Niro and his partner Nobu Matsuhisa ... Some of the area’s previous tenants have fallen ... Sushi is a saturated market and there is...
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Private banks reap benefits from rivals’ troubles
Lombard Odier has hired Michael Kuenzi from UBS ... Kuenzi left UBS last month after putting together ... Elsewhere, Geneva-based Lombard Odier has appointed Paul Marson ... Financial News’ sister online news service, www.wealth-bulletin.com, revealed ... Swiss private bank Sarasin is controlled by Dutch...
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Fleming launches business in Russia
UK investment house Fleming, Family & Partners is ... FF&P, which has had operations in Russia since ... Denis Sukhanov, chairman of FF&P in Russia, said ... The sale of DWS to FF&P by Deutsche ... FF&P recently hired Andrei Uspensky to run the ... Sukhanov said the valuations of the four DWS...
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An oligarch's struggle
Just before midnight earlier this month, one of ... Mr Deripaska, in his first interview since the ... "Naturally the situation is difficult. If it were ... Like Russia's other industrial tycoons who flooded the ... No oligarchs have revealed their finances publicly, but...
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Soros-backed Russia manager moves to Dubai
Pharos Financial Advisors, founded on seed capital from ... Pharos intends to retain its existing portfolio management ... Yesterday UBS launched its first buyout fund focused ... Peter Halloran, founder of the Pharos Financial Group, ... "We are developing products to target investors in...
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Swiss banks hold up in tough market
Swiss banks have had an interesting history in ... The top ranks of investment bankers in Russia ... UBS was one of the first banks to ... Despite this distinguished history, both banks lost ground ... The crisis in the Russian market has highlighted ... Steve Meehan, head of UBS in Russia, said:...
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Deutsche hits second billionaire with margin call
Deutsche Bank has hit a second Russian businessmen ... Alexander Zanadvorov, the owner of Russian supermarket chain ... Seventh Continent shares have lost half their value ... Zanadvorov had used his holding in Seventh Continent ... Deutsche Bank last month came close to taking...
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Russian hedge funds face threat of closure
The closure of a Russian hedge fund run ... It is estimated about 70 hedge funds are ... The closure of Florin FSU Credit Opportunities Fund, ... Florin’s principals Neil Smith and Aidan Freyne are ... Smith was previously head of alternative investments at ... Smith said: “Credit has been a difficult space...
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