Raiffeisen Bank International, Eastern Europe’s third-biggest bank, is expanding its investment bank unit in Russia to tap the country’s growth. RBI wants to increase the revenue of its mergers and acquisitions unit Raiffeisen Investment AG in Russia tenfold, according to Martin Schwedler, who currently is co-head of RIAG. To support this, RBI is taking a 50 percent stake in RIAG’s Russian MA unit, expanding its scope to also include […]