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VTB Capital targets rapid expansion outside Russia

Former Goldman Sachs partner sets out ambitious target to generate a third of investment banking revenues from international clients within three years

The former Goldman Sachs partner who was hired three weeks ago to run VTB Capital’s operations outside of Russia has set an ambitious target of generating a third of the firm’s investment banking revenues from its international clients within three years.

Speaking in an interview with Financial News, Atanas Bostandjiev laid out his plans to transform his new firm, which has a dominant presence in its domestic market of Russia, into a global investment bank.

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