Russians | BankersBall

Aspen, Russian Style

By BankersBall on Feb 18, 2008 in Le Sport, Russians | comments(0)

Only those with ankle-length fur OR bespoke full-body ski suits allowed. More

Etiquette Time: Toasting, the Proper Way

By BankersBall on Nov 20, 2007 in Etiquette Time, Lifestyle, Russians | comments(4)

Make some smooth moves this holiday season. More

Russian Banker Pay Skyrockets

By BankersBall on May 13, 2007 in Cube Life, Russians, Salaries | comments(1)

Can’t crack the i-banking code in the states? It’s not too late to try your hand in the Wild Wild East. Demand for experienced bankers who can speak Russian or know how to navigate “local conditions” is through the roof, reports Bloomberg.

Shaun Springer, head of London-based recruiting firm Napier Scott, says that comp for Russian-based bankers went up by 25 percent last year. Compare that to 15-20 for UK-based bankers.

Managing directors can and are earning in the neighborhood of $7-$10MM in comp, according to Yiannis Demopoulos of Delta Executive Search. In that club include execs such as Nicholas Jordan, the new head of Lehman’s Moscow office, anonymous recruiters tell BBerg.

Hiring is very strong; Russian securities firm Troika Dialog increased staff from 500 to 800 in the past year; Morgan Stanley’s formerly 20-strong Russian group is now up to 100. Goldman is also planning on doubling Moscow-based staff to 70, reports Bloomberg.