Russia Hires Goldman as Corporate Broker to Boost Image
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Goldman Sachs Group Inc. 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 setting up meetings with investors, according to Sergei Arsenyev, Goldman Sachs’s managing director of investment banking in Moscow.