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We are very pleased with continued leadership of IBS Group in the consulting market ... The Group's rapid growth in 2011 was primarily a result of ongoing and new projects with the largest Russian and global companies, including Mail.Ru Group, Rosatom, Sberbank of Russia, Gazprom, Deutsche Bank, UBS, Boeing, Harman, as well as an active business expansion in Western Europe, the United States and Asia.
If benchmark events, such as Sberbank's SPO (share offer), are cancelled due to global conditions, the country (Russia) will be likely deprived of a few billions of dollars and there will be no positive effect on capital inflows
Our clients expect that Sberbank's shares will dip by no more than 7 percent during the SPOMore quotes »
Around the web
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Sberbank Falls Most in Week on Ruble Drop, Supervisory Board
close in Moscow, the biggest decline since May 23. A weaker ruble encourages Russians to withdraw and convert ruble deposits, Sberbank’s main source of funding. The ruble sank 0.6 percent to 33.68 per dollar by the close, declining for an eighth day. “The 11:55 AM from Bloomberg.com Read more »
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Sberbank Raises 2011 Dividend by 127%
in 2010. The yield for ordinary shares will amount to 2.05 percent, while the yield for preferred shares will be 3.36 percent. Sberbank's 2011 dividend payment volume equals to 15 percent of its $10.9 billion net profit to IFRS for last year. The bank plans 5/31/12 from RIA Novosti Read more »
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Sberbank Not To Convert Preferred Shares, Takes Pause In Acquisitions
meeting of shareholders, German Gref also said that the bank will take a break from purchasing assets outside the country. Sberbank purchased Volksbank International in 2012 and is currently in talks to acquire Denizbank AS (DENIZ.IS), the Turkish unit of 6:43 AM from FOX Business Read more »
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UPDATE 1-Sberbank to sign preliminary Denizbank deal-source
He declined to give a price. Denizbank wasn't immediately available to comment. Dexia and Sberbank declined to comment. Sberbank, which controls around half of household deposits in Russia, started its international foray by snapping up VBI in February for 3:30 AM from Reuters Read more »
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BASF SE, Berkshire Hathaway, Commonwealth Bank of Australia Among Five Stocks Added to Dow Jones Global Titans 50 INDEX
of the world's leading multinational companies. Dow Jones BRIC 50 DR Index: Surgutneftegaz JSC ADS (Russia) will be replaced by Sberbank Rossia ADS (Russia). The total free-float market capitalization of the reconstituted index decreased to US$856.99 billion 5/31/12 from Bloomberg.com Read more »