Russia and Ukraine

John Hyman named CEO; Jennings refocuses on Africa

Depository law proves final hurdle; OFZ spreads tighten on foreign buying

A wave of lower tier 2 issuance will not deal with Russian banks’ strained capital levels.

The opening up of Russia’s bond markets is a game changer that will boost the rouble, according to Société Générale.

State raises $5.2 billion; Clears way for Promsvyazbank, VTB

Corporates looking to transact USDRUB could be the first group to benefit from new signs that the country’s domestic currency market is becoming more open.

Alexei Kudrin thinks he has a solution to Russia’s twin troubles: anti-Putin street protests and an oil-financed pot of state patronage that is rapidly running out. The former finance minister tells Euromoney about his programme for reform and what he is doing to see it implemented.

As president Vladimir Putin enters his third term, one of the main critics of the political and corruption risks in Russia is Bill Browder, chief executive of London hedge fund Hermitage Capital.

Russia’s finance minister is, in the words of his predecessor, a rare example of a liberal in the government. But can he do enough, quickly enough, to shore up the government’s finances in its post-election spending hangover?

PPF exits Nomos; VTB backs $1.5 billion buyout

VTB’s $1 billion perpetual bond this summer – the first in Russia – was partly modelled on a similar issue by Banco do Brasil in January, says Herbert Moos, VTB’s CFO.

Russia is planning to launch a new state-owned investment agency next year to invest the country’s oil wealth in global financial markets, finance minister Anton Siluanov tells Euromoney in an exclusive interview.