Banks walk Russian tightrope as Sberbank builds
Western banks face a test of their nerve in Russia following the creation of a new domestic banking behemoth. Their mandates and their staff are under threat, writes David Rothnie.
For years, Moscow-based investment bankers have been calling on their western employers to start treating Russia as an established market. Now they are, but not in the way that their staff had hoped. Although Russia possesses that rare commodity of growth, banks face the same conundrum as they
To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email email@example.com to discuss your requirements.