Tuesday, August 16, 2005

Narodny Bank offer seats to British Bankers

Moscow Narodny Bank (MNB), 88.9% owned by
the Central Bank of Russia (CBR), has offered
board seats to former LSE chief executive Gavin
Casey and renowned investment banker David
Charters. Both bankers are destined to help MNB
organize IPO's in London for Russian companies.
The financiers were invited on MNB managers'
initiative under Vneshtorgbank's plan to develop
business in Europe. Vedomosti



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