Russian version of Forbes, a well-known U.S. business magazine, published 15 top companies – IPO arrangers operating on the Russian and global markets. Among leaders are such world known companies as Morgan Stanley, UBC Invstment Bank, Deutsche UFG, Goldman Sachs, Merrill Lynch.

In the opinion of Mr. Alexander Selegenev, Managing Director of METROPOL (UK) Limited, the number of banks operating in Russia is much greater than that of good enterprises. ‘We cater for companies that are worth of up to $200 million and always compete with Deutsche UFG or Morgan Stanley.

The rating took into account all share placements from April 1, 2005, to April 1, 2006.