Commodities Hiring Spree at VTB Kicks Off in Europe and Asia

  • Russia’s No. 2 bank to expand in Zug, Singapore and Hong Kong
  • Lender plans to increase commodities staff and revenue by 50%

The investment-banking unit of Russia’s second-biggest lender is kicking off a commodities hiring spree led by a former Goldman Sachs Group Inc. executive to boost staff and revenue in the operations about 50 percent.

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