VTB Capital, the investment banking arm of Russia’s VTB Group, is planning to build a capital markets team in Singapore as it looks to develop links between Russian clients and Asian investors, according to its chief executive officer and regional head of Asia.
VTB is shifting the focus of its existing Singapore office towards investment banking, and plans to offer a full range of fixed income, equities, derivatives, banking and investment management products to Asian clients, Herbert Moos, the former Lehman Brothers banker charged with managing VTB’s international expansion told EuroWeek
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