Swiss bank Credit Suisse is expanding its Wealth Management services team for Russian clients with BNP Paribas employees. The Russian market is ranked 10-15th in the world in terms of the number of wealthy clients, but in recent years, local players have strengthened their positions in this segment.
Information about the strengthening of the Russian team of the Wealth Management division at Credit Suisse appeared on finews.com, sources of Kommersant confirmed it. In particular, according to one of them, eight former employees of BNP Paribas under the leadership of Nonna Ushenina are transferred to the bank.
The new appointments are in line with Credit Suisse’s focus on UHNWI (Ultra High Net Worth Individuals, wealthy clients with capital exceeding $ 30 million).
The team will work from Geneva. Credit Suisse declined to comment. BNP Paribas did not answer Kommersant. At the end of September, they announced the layoff of about 120 employees in the Geneva office, which was focused on Wealth Management services.
The interest of foreign financial institutions in working with Russian large private capital has noticeably increased in recent years. According to the director of the Swiss FP Wealth Solutions Yuri Yemelin, the main growth and the greatest marginality of the business of private banks is in emerging markets, including the Russian Federation. According to Andrey Babiyan, director of Alfa Capital Wealth, there are about 215 thousand wealthy clients in Russia (including High Net Worth Individuals, HNWI, with a capital of more than $ 1 million), according to this indicator, the country is in the top 15. According to Knight Frank, at the beginning of 2020 the number of UHNWIs was approaching 9 thousand clients (9th in the world).
In 2015–2016, Russia tightened currency and tax legislation, which dampened the interest of global banks in Russian clients. Then, according to Andrei Babiyan, there was an outflow from Western banks. However, Avi Burstin, Chief Executive Officer of Amber Lion (Zuerich), clarifies that since 2017, the rules have gradually become more transparent, and the requirements have become clear.
Bankers associate the desire to work with Russian clients from Switzerland not with the pandemic, but with legal issues.
As Yury Emelin explains, banks avoid a permanent physical presence in Russia “in order not to expose themselves and their employees to the risks of violating Russian laws and licensing requirements.” And in the face of a pandemic in the wealth management industry, many tasks began to be implemented remotely. According to Avi Burstin, this allows banks “to concentrate depository and trading activities in a reliable jurisdiction”, expanding the geography of potential clients.
At the same time, foreign banks will have to withstand intense competition with Russian ones. According to Andrei Babiyan, Russian management companies and investment banks sometimes have a higher expertise than foreign houses. Avi Burstin adds that ecosystem development “allows local players to compete.” At the same time, according to Mikhail Bespalov, an analyst with KSP Capital Asset Management, in terms of the breadth of expertise, “Western managers can surpass Russian competitors due to their global network and access to narrow specialists in local markets in different geographic locations.” As Mr. Emelin admits, in general, “the capabilities of the conditional average Russian bank are significantly inferior to the same conditional average Swiss bank.”
Germany had the highest daily number of new coronavirus cases from April 24, with 2,297 infections, according to the Robert Koch Epidemiological Surveillance Institute.
However, the country conducts approximately twice as many tests per week than in April, a million compared to 500 thousand five months ago.
In total, some 270,070 people have tested positive in Germany since the outbreak began. The dead number 9,384 and, of them, six in the last 24 hours. North Rhine-Westphalia and Bavaria are the two most affected states, where it was decided to cancel the celebration of carnivals.
For its part, UK authorities reported a second spike of new infections in two days in the UK with 4,422 cases in the last 24 hours.
It’s about 100 more than the day before. It is the record since May 8, according to the local press.
The total number of infected is more than 390 thousand. The new deaths total 27, 41,759 in total.
Nutritionists and scientists have reported that they have identified the berry, which is a real storehouse of vitamin C, is able to protect the body from a large number of ailments and fill it with the most essential macronutrients and vitamins. Doctors have already dubbed their discovery “superfood”.
– Yes, yes, we are talking about a berry that is available throughout the year – about raspberries, – said the observers of the scientific department of Food.news. – It contains a huge amount of vitamin C. At the same time, raspberries are incredibly useful both fresh and frozen.
The berry can be an incredibly healthy snack or dessert:
“Let’s be honest, there is a lot of sugar in raspberries,” the scientists said. – At the same time, it is raspberries that can remove excess sugar from the body. It contains antioxidants to help fight obesity and diabetes, as well as heart and cancer. Also, raspberries do an excellent job of removing toxins.
Formerly LIVE24 reported about how exactly those people feel who have decided to give up sugar forever. Sometimes sugar addiction is much harder to overcome than quitting smoking or even drinking, experts say.
The liver is one of the main human organs. It neutralizes a huge amount of harmful and toxic substances in the body. However, this organ also needs constant attention. radio Sputnik.
Essentially, the liver is a “natural filter”. This vital organ helps the body get rid of waste and toxins. It can be cleansed with the help of various medications, but few people know that a good result can be achieved naturally, as there are foods, the regular use of which leads to the cleansing and restoration of the liver.
If we talk about the benefits of some fruits, then highlight the cost avocado… This fruit is one of the leaders in cleansing the liver from toxins and toxins. Avocados are able to stimulate the production of glutathione, a compound that plays an important role in the cleansing process of a vital organ.
Also, this can include honey… Experts are sure that it should be consumed 2-3 times a day 30-40 minutes before meals. Honey contains a huge amount of glucose, fructose and other components that activate the processes of bile production and the restoration of damaged liver cells.
In addition, excellent sources of vitamin C and other antioxidants are lemons and grapefruits… Research has shown that grapefruit can destroy carcinogens and neutralize many toxins.
Of vegetables, high levels of flavonoids and beta-carotene contain carrots and beets… They perfectly stimulate the liver and accelerate the detoxification process in the body. Garlic cleanses the liver of toxins, and is also a source of allicin and selenium – substances that help cleanse the “natural filter”.
Experts advise having a cup every morning green tea, as it is very beneficial for health, and its special compounds have a positive effect on liver function. Also, olive oil has beneficial properties. oil cold pressed, corn, linseed and sunflower seeds. This product supplies the body with beneficial lipids that eliminate toxins. However, oil should be consumed in small quantities.
Apples are a source of pectin, and it, in turn, affects the liver and improves its functioning. In addition, whole grains are good for the gut. They improve metabolism, which has a beneficial effect on the liver. The best foods in this category are brown rice, oats, and bran.
Broccoli, spinach, lettuce, Brussels sprouts and all green leafy vegetables contain a lot of chlorophyll and compounds that remove heavy metals, chemicals and pesticides from the body. In addition, they stimulate the work of the gallbladder, and he, in turn, removes decay products from organs and blood.
Formerly LIVE24 reportedthat proctologist and oncologist Elena Smirnova called a way to cleanse the intestines and liver from toxins and toxins. The physician noted that the independent appointment of such procedures can cause even more harm to the body.
She told about cases in her practice when patients on their own initiative began to resort to enemas, hydrocolonotherapy and the use of laxatives. This is not necessary without the appointment of a specialist. In particular, due to such manipulations, useful substances, for example, potassium, magnesium, calcium and sodium, can be washed out of the body. First of all, the nervous system suffers.
European countries have not yet considered the possibility of opening borders for Russians, based on the number of detected cases of coronavirus infection in the country, Foreign Minister Sergei Lavrov said in an interview with RT.
“Europe is now being opened, but, given the number of detected cases of infection, Russia, like the USA and Brazil, at this stage is considered as a country for which Europe has not yet opened,” the minister said. According to him, now Russia is assessing the epidemiological situation for the resumption of air traffic. When asked when the borders would be opened, Lavrov replied that he did not know.
On March 20, Russia, due to the coronavirus pandemic, stopped foreign rail traffic, a week later passenger air service with other countries was limited. On June 8, part of the restrictions was lifted – the Russians were allowed to leave the country to work and study, as well as to take care of sick relatives living in other states. Since June 15, the European Union has opened almost all internal borders. The European Commission previously recommended the launch of a phased opening of external borders on July 1.
Cloving hospital on the basis of the Medical Scientific and Educational Center (ISSC) Moscow State University named after M.V.Lomonosov took the first patients on April 21 and completed his work on June 13. It turned out that it was possible to achieve the best treatment results for COVID-19 in Moscow. Over the entire period, 4 patients died, and among severe patients who got mechanical ventilation, the mortality rate was less than 14% (for comparison, the average for the city and the world was up to 70 – 80%). Eighteen doctors out of 220 employees of the hospital were infected with coronavirus, there were no deaths among the medical staff.
What approaches were used at the University Hospital of Moscow State University to achieve such results? We continue the conversation with the head. Department of Therapy, Faculty of Fundamental Medicine, Moscow State University, Head of the Department of Age-Associated Diseases, Medical Scientific and Educational Center, Doctor of Medical Sciences, Cardiologist Yana Orlova.
MEDICINE FOR COUGH FOR 80 RUBLES
– Most of those who are ill or are afraid to get sick are worried about fibrotic changes in their lungs. They say that you have developed special therapy that can reduce the risk of developing fibrosis. Is it possible?!
– Yes, we launched an appropriate clinical study. There are no final results yet, but we have developed clinical practice.
“What did you do to save the lungs?”
– We used a combination of bromhexine and spironolactone (both are long-known very cheap drugs. – Ed.). Bromhexine is an expectorant that has been prescribed to patients with pneumonia and cough for many years. At the same time, experimental data showed that this drug can block a specific enzyme and impede the penetration of coronavirus into cells. True, it was on this effect that we counted to a lesser extent in inpatients, since such an effect is important mainly in the early stages of the disease. But the expectorant effect of bromhexine really helps patients with COVID. I heard that our colleagues in Peter launched a study of bromhexine for prophylactic purposes. We will wait for the results.
Coronavirus infected 18 doctors from 220 employees of the hospital, there were no deaths among the medical staffPhoto: Ivan MAKEEV
FIBROSIS OBSTACLE
– The second drug – spironolactone – is traditionally widely used in cardiology for the treatment of heart failure, severe hypertension. It has a small diuretic, magnesium and potassium-preserving effect, continues Yana. Orlova. – It has several mechanisms through which it can be useful in coronavirus infection.
Firstly, a mechanism that prevents the development of fibrosis in general in the body. There are works that, in particular, show that spironolactone reduces fibrosis in the heart. At the same time, it is known that the tendency to fibrosis is not local, but systemic – where there is more inflammation, there will certainly be fibrosis. And we see, of course, fibrotic changes in the “covide” in our patients. Therefore, we prescribed spironolactone as a drug for the prevention of this process.
Secondly, this drug blocks sex hormone receptors, in particular testosterone. Some published studies suggest that “high-testosterone” men suffer from “covid” more often and develop more severe fibrotic changes. Therefore, blocking these receptors for several weeks during COVID treatment may be useful in reducing the severity of complications. We are not talking about a longer intake, since male patients are unlikely to agree with a decrease in testosterone levels in the long term.
And perhaps the most important point. In almost all of our patients, we observed hypokalemia (a decrease in potassium levels. – Ed.). With coronavirus infection, potassium is intensely excreted from the body, and scientific articles even suggest that hypokalemia serves as the trigger for a cytokine storm. So spironolactone has a real chance to reduce the risk of this dangerous complication. But the main thing, in my opinion, is that lowering the level of potassium in the body is extremely harmful to the heart and triggers life-threatening rhythm disturbances, increasing the risk of sudden death. We, like all others, replenished potassium with droppers, but it was more effective to retain it in the body with the help of spironolactone.
Men certainly get worse than women; the elderly are heavier than the young; overweight people are heavier than overweight patientsPhoto: Ivan MAKEEV
WHEN PRESCRIBED PATIENTS
– Yana Arturovna, how many patients did you have on average?
– About 10 – 14 days. But someone and 50 days.
– Have you noticed signs by which it can be assumed that the disease in the person brought is likely to go the hard way?
– Such studies were carried out in the world, our clinical practice confirmed them. Men certainly get worse than women; the elderly are heavier than the young; overweight people are heavier than overweight patients. Men with a classic male type of baldness, a lot of facial hair, we can say brutal men get sick harder.
– Under what conditions did you discharge patients?
– We acted as close as possible to the recommendations Ministry of Health: so that the temperature for three days was not higher than 37.5 degrees; so that C-reactive protein (an indicator of inflammation) is lower than 10 mg / l, and saturation, that is, the level of oxygen in the blood, is higher than 96%.
“HEAD OF EPIDEMIOLOGY DEPARTMENT OF ITSELF WORKED AT SANPROPUSNIK”
– How often do you get sick doctors and nurses?
– In the first month no one got sick at all. We have a very powerful epidemiological service. The head of the sanitary-epidemiological department, a senior researcher, correctly organized the whole process, and for the first two weeks she personally worked in the sanitary inspection room at the exit from the “red zone” and helped doctors and nurses who were exhausted after the shift safely remove protective clothing.
Then both people’s fatigue and viral load accumulated. By the middle of the second month, sick people began to appear. There were no seriously ill patients. We treated part of the staff in our observation, part of it was treated at home. In total, 18 people were infected from the medical staff (less than 10%).
– Doctors take something for prevention? Vitamins C, D, Zinc?
– I saw the recommendations of American nutritionists, they speak out positively about taking zinc, melatonin and vitamin C. There were somewhat conflicting data on vitamin D. But we did not give any such recommendations to our employees. We have all the prevention was associated with minimizing contacts and other measures of epidemiological safety.
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Over the last day in Russia 104 people died with the coronavirus COVID-19. On the eve of the daily increase was 188 people. The total number of deaths in the country has reached 9073.
According to the operational headquarters, the total number of deaths is 1.43% of all infected in the country. Over the last day, 24 people died in Moscow, 21 in St. Petersburg, six in the suburbs.
In total, 6791 new cases of infection were registered per day, of which more than 30% were without clinical manifestations. The total number of infected reached 634,437. During the day, 5735 people recovered, a total of 399,087.
The improvement of the epidemiological situation in the country for several days was once again announced by Russian President Vladimir Putin. According to him, the pandemic in Russia is receding. According to authorities, the peak of the epidemic occurred in mid-May. Russian regions are gradually removing previously imposed restrictions. The Russian Ministry of Health has warned that removing an increase in Russian contacts while lifting restrictions could lead to an increase in new infections.
How regions get out of the regime of restrictions – in the article “Kommersant” “Governors under close Rospotrebnadzor”.
The incidence of coronavirus in Russia is gradually decreasing: for several days in a row, less than 7 thousand new cases have been detected per day. The total number of infected in the Russian Federation exceeded 627 thousand people. As for the victims of the epidemic, the country has nearly 9 thousand deaths among patients with COVID-19.
Despite the decrease in the number of cases of coronavirus infection, a new surge in incidence may soon occur in Russia. According to the Russian virologist Mikhail ShchelkanovThis will happen in two weeks. The specialist noted that now the increase in incidence is recorded in Europe, and this trend will affect Russia. In his opinion, a major outbreak will affect several large cities – Moscow, St. Petersburg, Nizhny Novgorod and Vladivostok. In order to avoid a new jump in the incidence rate, according to Schelkanov, the borders should remain closed.
We give brief statistics on the distribution of coronavirus in Russia:
Over the last day in Russia revealed new cases – 6852 (6800);
The total number of cases of infection over the entire period is 627,646 (620,794);
The total number of deaths in Russia over the entire period is 8969 (8781);
Died in the last day – 188 (176);
The incidence in Moscow: 219 354 (218 604) – for the whole time, 750 (813) – for the last day;
The total number of patients with coronavirus recovered in Russia is 393 352 (384 152).
Russian Deputy Prime Minister Tatyana Golikova took the initiative to establish long-term follow-up for patients who had been ill with coronavirus. She noted that the consequences of the disease have not yet been studied, and it is important to pay attention to the associated risks. Among them, she called the exacerbation of coronary heart disease, hypertension, lung disease, acute diseases of the cardiovascular system of an autoimmune nature, myocarditis and other diseases.
The Federal Tourism Agency has published a list of restrictive measures that are currently in force for tourists entering foreign countries. Some of them have a two-week quarantine for travelers. There are also countries where a medical certificate is required to cross the border stating that the bearer passed a negative coronavirus test.
In order for collective immunity to coronavirus to take shape in Russia, about 70 million doses of the vaccine are needed. At the moment, the drugs are in the testing phase.
World situation
According to Johns Hopkins University, the number of cases of coronavirus infection in the world has reached 9,801,958 – this is data for all countries since the outbreak. The United States (2.468 million), Brazil (1.275 million), Russia (627.7 thousand), India (508.9 thousand) and the United Kingdom (310.8 thousand) are in the top five in the number of cases of infection.
Johns Hopkins University has 494,180 deaths. The United States (125.0 thousand), Brazil (55.9 thousand), Great Britain (43.5 thousand), Italy (34.7 thousand) and France (29.8 thousand) are the leaders in the number of deaths from coronavirus.
Currently, a record daily increase in the incidence of coronavirus is recorded in the United States. Over the past day, more than 40 thousand new cases have been revealed there, and this trend is observed in states where some of the restrictive measures were previously removed.
According to the President of the United States Donald Trump, the country has low mortality when compared with other states. At the same time, according to Johns Hopkins University, the States are in third place in the number of deaths per 100 thousand people and are second only to Spain and the UK.
The European Medicines Agency has recommended authorizing the sale of Veklury for the treatment of pneumonia with COVID-19. The drug was used to treat Ebola. In Russia, he is currently undergoing clinical trials.
After weakening quarantine measures in European countries, automakers began to resume production stopped due to the coronavirus epidemic. In the coming weeks, companies plan to gradually launch production facilities, while removing sanitary restrictions will allow dealerships to open, which should restore demand for cars.
Volkswagen resumed production at the Wolfsburg plant last week. Production began from 10-15% of normal output and will gradually increase to 40%, the company said. Factories in Portugal, Spain, Russia, South Africa, and North and South America will gradually begin to operate. Porsche, Lamborghini and Bugatti, which are part of the VW Group, resumed operations on May 4.
Fiat Chrysler Automobiles (FCA) was the first to launch the Sevel plant in Atessa (Italy, a joint venture with the PSA Group), producing commercial vans, on April 27. The company also resumed pre-production of the Fiat 500 electric version at its Mirafiori plant. Ferrari restarted production in Modena gradually from May 4 to 8. Other FCA plants, including Alfa Romeo and Maserati, will begin operations in late May and early June.
The French PSA launched the first stage of partial resumption of production from May 4 to 11, sites in France will begin to operate from May 11, when the first stage of the weakening of quarantine will take place in the country. Romanian carmaker Dacia, owned by French Renault, resumed work earlier this week. The company’s plant in Slovenia will open on May 11. Venues in France began to restart this week.
Volvo relaunched plants in Sweden, which did not impose strict quarantine measures, on April 20. Ford Motor launched major European production on May 4. Mercedes-Benz factories gradually launched production from May 4 to 8. BMW plans to launch a plant in Dingolfing (Germany) on May 11, the rest of German companies on May 18.
Automobile workers are provided with masks and disinfecting gel for hands, walk-throughs and workshops are equipped with remote temperature scanners, jobs are separated by plexiglass shields, the tool is treated with a disinfectant after each shift, manufacturers explain. New sanitary protocols regulate employee behavior even during breaks. Nevertheless, on Thursday May 7, the Renault plant in Sandoville was stopped by a court decision – the local union complained to the court about the lack of sanitary measures.
Later, the rest will open production in the UK, where the coronavirus pandemic has so far barely declined. Jaguar Land Rover plans to phase out production from May 18, the first to return to production will be the plant in Solihull (United Kingdom) in parallel with the company’s plants in Slovakia and Austria. At the exact same date, a restart of the Mini factory in Oxford is scheduled. Toyota has not yet announced the timing of the opening of the British plant, but the company’s company in France has been operating in a limited mode since the end of April. Rolls-Royce resumed production this week. Bentley will restart production in the UK on May 11.
In addition to complicating sanitary measures, the restart of the normal work of automakers is hindered by the uncertainty with demand for cars. The introduction of quarantine measures and the closure of car dealerships led to a record drop in car sales in Europe. In March, they fell by 52%, and almost all car sales stopped in April: they fell by 96% in Spain, 98% in Italy, 97% in the UK, and 89% in France. In Germany, sales in April fell by 61%. No one expects a full return to normal market performance immediately after the relaxation of sanitary restrictions, company representatives say. So far, governments, for example, Germany and France, have postponed until mid-summer the adoption of emergency measures to support demand for the car market, as requested by automakers.
The coronavirus pandemic crisis came at a difficult time for automakers. Companies are stepping up their investments in electric cars to meet stricter emission standards. Profit from the sale of traditional vehicles is necessary for them to finance these investments, Reuters notes. So BMW has already announced that it will suspend some investments, including in the Hungarian plant project, which will be postponed for a year to save money.
