Investment Banking
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Russian Billionaire's Bank Bets on Egypt as Mideast Risk Rises
Renaissance Capital, the investment bank owned by Russian billionaire Mikhail Prokhorov, is taking a long-term bet on Egypt even as tensions in the region are on the rise. “A lot of the global investment banks are de-risking their portfolios, they’re scaling back in Africa and none of them are entering…
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Click here to read the full story: Bloomberg