Does Stephen O’Sullivan know something we don’t? The former head of research at MC Securities in London has decided to move to Moscow to join the more discreet United Financial Group (UFG), a majority Russian-owned investment bank. The leading oil and gas analyst in the Russian market admits that the sale of MC Securities’ Russian business (United City Bank) to Flemings has triggered his decision.
Although there was more money to be made at other firms, 38-year old O’Sullivan believes that this smaller Russian firm would be a safer bet for his career than Flemings.
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