Yuri Soloviev (banker) Deutsche Bank and Russian Banking Landscape

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Yuri Soloviev is a renowned banker with a long history in the Russian banking landscape.

He has been involved with Deutsche Bank, a global investment bank, where he held a senior position.

Soloviev's experience in Deutsche Bank has been influential in shaping his understanding of global banking practices.

Deutsche Bank has a significant presence in Russia, with a long history of operations dating back to the 1990s.

Yuri Soloviev's Career

Yuri Soloviev has had a diverse and impressive career in the finance industry.

He began his career as a Corporate Officer/Principal at VTB Capital (Private Equity) in 2011.

Soloviev has also held the position of Chairman at several companies, including Vtb Capital A B Holding Ltd., VTB Capital JSC, VTB Capital I2BF Innovation Partners OOO, VTB-Leasing OJSC, and VTB Capital IB Holding Ltd.

In 2018, Soloviev became the Chairman of VTB Capital JSC, a position he still holds today.

Soloviev has also been involved in various other companies, including T2 RTK Holding LLC, where he served as Chairman from 2014.

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Soloviev's educational background includes an Undergraduate Degree from Plekhanov Russian University of Economics and a Masters Business Admin from London Business School.

Here's a list of some of the key positions held by Yuri Soloviev:

Deutsche Bank in Russia

Yuri Soloviev's career at Deutsche Bank is marked by a significant appointment in Russia. He was appointed as the head of global markets in Russia, a role that comes with new responsibilities.

Soloviev retains his previous responsibility for local market trading in Russia and its neighboring states, but now reports to Colin Grassie, head of global markets Europe. This change in reporting structure reflects the expansion of his role.

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The Credit Story

Deutsche Bank has a long history in Russia, dating back to 1993 when it opened its first branch in Moscow.

The bank's Russian operations were initially focused on corporate and investment banking, but it quickly expanded to include retail banking and asset management services.

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Deutsche Bank's Moscow office is one of the largest foreign banks in Russia, with a significant presence in the country's financial markets.

In 2014, Deutsche Bank's Russian business was valued at around €1.5 billion.

The bank's Russian operations have been impacted by the country's economic sanctions and declining oil prices, which have reduced the demand for its services.

Deutsche Bank's decision to maintain its presence in Russia has been driven by its commitment to serving its clients and customers in the region.

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Deutsche Bank Appoints Head in Russia

Deutsche Bank has appointed a new head in Russia. Soloviev is the person in this new role.

Soloviev was previously in charge of local market trading in Russia and its neighboring states. He retains this responsibility.

Soloviev now reports to Colin Grassie, head of global markets Europe.

Russian Banker Accuses Agrokor of Financial Irregularities

Yuri Soloviev, the vice president of VTB Bank from Russia, made serious allegations against Agrokor, Croatia's largest privately-owned company.

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Agrokor's debt has not been completely shown in financial reports, according to Soloviev. He directly accused Agrokor majority owner Todorić and company management of irregularities in financial statements.

Russian media reported that Soloviev openly demanded the dismissal of current management, which brought Agrokor to its present state. He stressed that the problem with financial stability had grown due to irregularities with financial reports.

VTB Bank has borrowed 300 million euros to Agrokor, which is a significant amount of money. Soloviev's comments highlighted the need for transparency in Agrokor's financial statements.

The company's financial reports have been irregular for a long time, according to Soloviev. This led to the fact that the company fell into debt which was not shown.

Agrokor brings in 15 percent of Croatia's GDP, making it a crucial part of the country's economy. Soloviev emphasized the need to ensure liquidity, which is why the banks are also talking with the government.

Soloviev proposed several options, including state guarantees, guarantees of the Croatian Bank for Reconstruction and Development for suppliers, or a combination of these measures. These options would provide funding from existing creditors and perhaps from the government.

Verna Walter

Lead Writer

Verna Walter is a seasoned writer with a passion for finance and business. With a keen eye for detail and a knack for research, she has established herself as a trusted authority on the European financial landscape. Verna's expertise spans a wide range of topics, from the inner workings of the European Central Bank to the intricacies of the Austrian stock market.

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