RBS Global Banking & Markets and Renaissance Capital have entered into an agreement to jointly provide currency, interest rate and credit derivatives to their government, corporate and institutional clients in Russia.
“Russian organisations are increasingly seeking access to more sophisticated ways to manage their financial exposure,” says Johnny Cameron, the Director of RBS Group. “RBS, as one of the leading players in the fixed income market already provides a full range of currency, interest rate and credit derivative products to its global customer base, and is therefore well placed to deliver these products to Renaissance Capital’s clients.”
“This partnership with RBS enables Renaissance Capital to provide a full range of fixed income derivative solutions to our clients and thereby fully leverage our pre-eminent investment banking franchise,” adds Stephen Jennings, the CEO of Renaissance Group.