Another VTB Capital head leaves

VTB Capital’s Manu Tripathi said he departed the firm, where he oversaw foreign-exchange derivatives, 18 months after joining from UBS.

Bloomberg News reports that Tripathi said by e-mail he left his role, which was split between Moscow and London, while declining to comment on his future plans.

Tripathi, who had previously worked as an options trader at Deutsche Bank and Credit Suisse, joined VTB Capital in April last year from UBS in Singapore, where he had been executive director and head of emerging-markets foreign-exchange options for Asia, according to his LinkedIn profile.

VTB Capital bankers including Atanas Bostandjiev and Damian Chunilal have departed in recent months as U.S. and European Union sanctions over Russia’s involvement in the Ukraine conflict curtail domestic debt and equity-market business. VTB’s parent, state-controlled VTB Group, is among companies that have been sanctioned.

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VTB Capital’s Currency Derivatives Head Leaves Firm

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