Credit Suisse and UBS want to help Russia privatize its stuff

AP Swiss banks UBS and Credit Suisse are interested in advising the Russian government on several privatizations as long as the deals do not violate sanctions, three banking sources told Reuters. The banks responded to a request for proposals that the Russian Economy Ministry sent to Russian and foreign banks this month for advisory roles in the planned sales of a 50.08 percent stake in oil firm Bashneft and 10.9 percent stakes in both diamond miner Alrosa and lender VTB. Bankers have previously...