VTB Capital

VTB Capital (Russian: ВТБ Капитал) is a Russian investment bank. It is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses.

VTB Capital
IndustryInvestment Banking
Founded2008 (2008)
Headquarters
Moscow
,
Russia
Number of locations
Moscow, London, Singapore, Dubai, Hong Kong, New York, Vienna, Sofia and Kiev
Key people
Alexei Yakovitsky, Yuri Soloviev
ServicesDebt, Equity, Global Commodities Markets, Developing Investment Management, and Advising Clients on M&A and ECM
Revenue$671 million[1] (2017)
-$831 million[1] (2017)
$178 thousand[1] (2017)
Total assets$1.21 billion[1] (2017)
Total equity$957 million[1] (2017)
Websitewww.vtbcapital.com

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,[2] 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.[3]

History

Created in 2008, the business is headquartered in Moscow with offices in London, Singapore, Dubai, Hong Kong, New York, Vienna, Sofia and Kiev.[4][5] To establish VTB Capital, numerous bankers from Deutsche Bank's Moscow office were hired.[6]

In 2015 VTB Capital ranked first in Dealogic’s FY 2015 league tables in the DCM Bookrunner, ECM Bookrunner and M&A Advisor categories across Russia and CIS. In the same year VTB Capital maintained the top position in Dealogic‘s ranking on the volume of transactions in the Russian domestic debt capital market. The company arranged 70 transactions for a total of US $5.447 billion with 25 per cent market share. VTB Capital also ranked first in ECM in Russia and CIS, having arranged eight transactions, amounting to US $720 million and taking a record 40.8 per cent share of the market. In M&A, VTB Capital was one of the top two leaders in Central and Eastern Europe. The bank also advised on a total of 15 transactions, equivalent to a volume of US $11.33 billion with a Russian market share of 23 per cent.[7][8]

Management

VTB Capital is led by Yuri Soloviev, First Deputy President and Chairman of the Management Board of VTB Bank[9] and by Alexei Yakovitsky, Global CEO and Chairman of VTB Capital holding companies Board of Directors.[10]

Activities

Since 2009 VTB Capital has run an annual international investment forum, Russia Calling!, in both London and Moscow.[11]

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 demand for goods and an increase in inflation as contributors to the predicted recession.[12] VTB reduced the overall 2014 Russian growth forecast from 1.3 percent to zero.[13]

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.[14]

References
  1. "Годовая бухгалтерская (финансовая) отчетность и аудиторское заключение по ней за 2017 год" (PDF). Retrieved 28 October 2018.
  2. "Bloomberg M&A Advisory League Tables" (PDF). Bloomberg. Retrieved 30 August 2017.
  3. CBonds. "VTB Capital awarded first place in Dealogic league tables in 2013", ""CBonds", 2013.
  4. Corcoran, Jason (22 December 2011). "Putin Pushing Russian Banks Points 'Two Tanks' at Western Firms". Bloomberg Businessweek. London.
  5. Rapoza, Kenneth (12 October 2011). "Russian Bank Heads To New York". Forbes. New York City.
  6. Protess, Ben; Silver-Greenberg, Jessica; Drucker, Jesse (July 19, 2017). "Big German Bank, Key to Trump's Finances, Faces New Scrutiny". New York Times. Retrieved November 12, 2018.
  7. "VTB Capital Tops 2015 Dealogic League Tables". www.mondovisione.com. Retrieved 2016-02-16.
  8. "Corporate Communications | VTB Capital". www.vtbcapital.com. Retrieved 2016-02-16.
  9. Bloomberg. "VTB Gets U.S. License", "The Moscow Times", New York City, 7 October 2011.
  10. Dennys, Harriet. "VTB Capital, City moves who's switching jobs", "City AM", London, 2 June 2011.
  11. "http://www.vtbcapital.com/russia_calling/2011/moscow/about_forum/ Archived 2011-10-30 at the Wayback Machine"
  12. Barron, Lisa (19 March 2014). "Analysts at VTB Capital predict recession in Russia". CISTRAN Finance. Retrieved 21 March 2014.
  13. Corcoran, Jason; Groendahl, Boris (21 March 2014). "Wall Street's Ties to Putin Threatened as Sanctions Bite". Bloomberg. Retrieved 21 March 2014.
  14. "IMF hints at quick approval of Ukraine aid". The West Australian. Yahoo Australia News. 21 March 2014. Retrieved 21 March 2014.
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