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VTB Increases Staff Abroad

VTB Capital plans to hire about 100 bankers abroad to increase its international staff by about 25 percent over the next year to 18 months, said Atanas Bostandjiev, who was hired from Goldman Sachs Group to run and grow the company's international units.

"We are the Russian investment banking champion, and we have the goal to be recognized as the global emerging market investment bank," Bostandjiev said at VTB's annual investment conference.

Bostandjiev said he wants to open an office in his native Bulgaria within three months and then do the same in Turkey.

(Bloomberg)

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