Sberbank to Jettison Troika Brand After Takeover, Vedomosti Says

OAO Sberbank, Russia’s biggest lender, plans to eliminate the Troika Dialog brand after it completes its acquisition of the country’s oldest brokerage today, Vedomosti reported, citing Troika Chairman and Chief Executive Officer Ruben Vardanian.

The Troika brand is more than 20 years old, the Moscow- based newspaper said.

To contact the reporter on this story: Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net

To contact the editor responsible for this story: Brad Cook at bcook7@bloomberg.net

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