Russia Hires Goldman as Corporate Broker to Boost Image

Kremlin and St. Basil's

(Bloomberg – bloomberg.com – Jason Corcoran – February 4, 2013) Goldman Sachs Group Inc. (G) has been hired by the Russian government to burnish the nation’s image overseas and attract more institutional investors. The bank has signed a three-year agreement with the Economy Ministry and the Russian Direct Investment Fund to advise on issues such as communicating government decisions and […]

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Russia Hires Goldman Sachs to Polish Investment Image

File Photo of Outdoor Electronic Sign with Russian Exchange Data

MOSCOW, January 29 (RIA Novosti) ­ Russia has hired U.S. banking giant Goldman Sachs in a $500,000 deal to polish the image of the country’s investment potential abroad and lure foreign cash, Deputy Economics Minister Sergei Belyakov said. “We, officials, don’t know how to communicate with investors,” Belyakov said, explaining the government’s decision. Under a memorandum signed with the Economic […]

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