VTB Capital

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VTB Capital
Industry Investment Banking
Number of locations Moscow, London, Singapore, Dubai, Hong Kong, New York, Vienna, Sofia and Kiev
Key people Alexei Yakovitsky, Yuri Soloviev, Atanas Bostandjiev
Services Debt, Equity, Global Commodities Markets, Developing Investment Management, and Advising Clients on M&A and ECM
Website www.vtbcapital.com

VTB Capital is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses.

Created in 2008, the business is headquartered in Moscow with offices in London, Singapore, Dubai, Hong Kong, New York, Vienna, Sofia and Kiev.[1][2]

VTB Capital is led by Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank[3] and by Alexei Yakovitsky, Global CEO and Chairman of VTB Capital holding companies Board of Directors.[4] The CEO, UK and International, for VTB Capital plc is Atanas Bostandjiev.[5]

Since 2009 VTB Capital has run an annual international investment forum, Russia Calling!, in both London and Moscow.[6]

VTB Capital has been ranked among the top investment banks in Russia, the CIS and Central and Eastern Europe regions according to industry league tables, including Bloomberg,[7] Thomson Reuters and Dealogic. In 2013, the Dealogic league tables ranked VTB Capital among the top investment banks in terms of deal volumes for M&A, Debt and Equity Capital Markets across the Central and Eastern Europe(CEE), Russia and CIS regions.[8]

In 2013, VTB Capital advised on over 20 Russian M&A transactions with a total volume of $22 billion.[9] It also completed 114 DCM transactions in the CEE region with a value of approximately $17 billion. In 2013, VTB Capital jointly advised on the Rosneft–TNK-BP deal, which was named Best M&A Deal globally in the 'Deals of the Year' category by Global Finance magazine.

Each month, VTB publishes a Russian Economy Monthly report. In the March 2014 issue of the report, two analysts at VTB wrote that the predicted that Russia would experience a recession beginning in the last half of 2014. The analysts cited a reduction in domestic domand for goods and an increase in inflation as contributors to the predicted recession.[10] VTB reduced the overall 2014 Russian growth forecast from 1.3 percent to zero.[11]

VTB has also weighed in on the Russian-Ukraine situation. VTB predicted that the IMF would create a program by April 2014 that would allow the EU to give Ukraine 1.6 billion euros in aid funds.[12]

References[edit]

  1. ^ Corcoran, Jason. "Putin Pushing Russian Banks Points ‘Two Tanks’ at Western Firms", ""Bloomberg Businessweek", London, 22 December 2011.
  2. ^ Rapoza, Kenneth. "Russian Bank Heads To New York", "Forbes", New York City, 12 October 2011.
  3. ^ Bloomberg. "VTB Gets U.S. License", "The Moscow Times", New York City, 7 October 2011.
  4. ^ Dennys, Harriet. "VTB Capital, City moves who's switching jobs", "City AM", London, 2 June 2011.
  5. ^ "Goldman partner to head another Russian institution", "Private Equity International", London, 24 May 2011.
  6. ^ "http://www.vtbcapital.com/russia_calling/2011/moscow/about_forum/"
  7. ^ Bloomberg. "MA Financial Ranking League Table 2012", ""Bloomberg", 2012.
  8. ^ CBonds. "VTB Capital awarded first place in Dealogic league tables in 2013", ""CBonds", 2013.
  9. ^ Institutional Investor China. "Global M&A Review Full Year 2013", ""Institutional Investor China", 2013.
  10. ^ Barron, Lisa (19 March 2014). "Analysts at VTB Capital predict recession in Russia". CISTRAN Finance. Retrieved 21 March 2014. 
  11. ^ Corcoran, Jason; Groendahl, Boris (21 March 2014). "Wall Street’s Ties to Putin Threatened as Sanctions Bite". Bloomberg. Retrieved 21 March 2014. 
  12. ^ "IMF hints at quick approval of Ukraine aid". The West Australian (Yahoo Australia News). 21 March 2014. Retrieved 21 March 2014. 

External links[edit]