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Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

August 2008

Investment banking: Troika commits to its markets

Troika Dialog, Russia’s oldest investment bank, has announced appointments to strengthen its market position in Russia and the Commonwealth of Independent States.




Nick Harwood joins as deputy head of global markets from Citi where he was head of equities for central and eastern Europe, the Middle East and Africa. Douglass Welch also joins from Citi as head of equity derivatives sales. Philippe Jordan, previously at UBS, has been appointed head of structured derivatives. From JPMorgan, Luis Vaz-Pinto becomes head of syndicate, investment banking, and Mickael Gibault is appointed head of equity capital markets.

Finally, James Turnbull is appointed chief executive of Troika Dialog Kazakhstan. He was previously at Merrill Lynch in London where he was a director in charge of Russian origination and structuring.

"Troika Dialog continues to drive investment in top talent as we strive to maintain leadership in the expanding markets of the CIS," says Jacques Der Megreditchian, head of investment banking and global markets at the firm. "These recent appointments underline our commitment to provide the highest level of advice and service in our markets."







As I seek to add some eloquence to our track record in support of our claim to be worthy winners, I can only quote Aristotle’s definition of excellence to you: ‘We are what we repeatedly do. Excellence is not an act but a habit’  

An investment banker shows off his knowledge of Greek philosophy in his attempt to win a global Award for Excellence. Unfortunately, Euromoney was unpersuaded

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