German investment bank Dresdner Kleinwort is trying to re-establish its leading position in Russia's capital market by hiring 60 bankers.

Igor Lojevsky, chairman of global banking and capital markets for the region, said Dresdner wants to hire between 15 and 20 bankers in Moscow and 30 to 35 in London and New York to service Russia.

Dresdner Kleinwort to hire 60 for Russian operations

Harry Wilson

Jason Corcoran in Moscow 

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Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

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The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

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Unicoin bills its token as being backed by billions of dollars in real-world assets, but Biden administration regulators and some crypto executives were skeptical.

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Financial News

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

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