Summit Notebook

Audio — Russian Standard holds off on Eurobonds

September 10, 2007
levin.jpgRussian Standard Bank, which has 20 million customers and controls 70 percent of the market for credit cards in Russia, has a “comfortable” financing situation despite the fallout from the U.S. subprime mortgage crisis, Chief Executive Dmitry Levin told the Reuters Russia Investment Summit.  

Audio – Russian banks coping with subprime crisis

September 10, 2007

korishchenko.jpg 

Russia’s banking system is coping well with a liquidity crunch stemming from the U.S. subprime mortgage crisis, top central banker Konstantin Korishchenko told the Reuters Russia Investment Summit.

Audio – Prosperity sees Russian stocks rerating

September 10, 2007

Alexander BranisAlexander Branis, chief investment officer of $4 billion stock fund Prosperity Capital Management, expects flatlining Russian stocks to rerate once investors feel more comfortable about political risks.