Investment Banking Services in Eastern Europe
In addition to the development of retail banking services in Eastern Europe as detailed within the previous post 100 years of Capitalisation in 10 years, further developments are taking place in services offered to the corporate sector. In particular, yesterday Raiffeisen and Lazard announced a joint venture to offer investment banking services in Eastern Europe and Russia. The deal combines Raiffeisen extensive local network presence with Lazards expertise in Mergers and Acquisitions, and corporate finance. This deal is the first of its type, extending the range of banking services available.