Jobs roundup: Ex-communist states show pulling power.

Financial News, October, 2003

Byline: Sarah Butcher

The lure of the former Soviet bloc was in evidence in the job market last week. A senior Merrill Lynch banker left London for a rival bank in Moscow, tempted by the booming Russian mergers and acquisitions sector and generous pay.Chris Baxter, head of energy and power at Merrill Lynch, was made head of investment banking at Renaissance Capital, a Russian investment bank. Baxter is understood to have been offered a package valued at several million dollars over three years.

Renaissance Capital also appointed a managing director for business development in Moscow, as well as a head of international equity sales in London.

SG Corporate and Investment bank also had an eye on the eastern European market. It appointed two...

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