OREANDA-NEWS. January 18, 2012. Patrick D'Angelo joins Otkritie Capital, the U.S. subsidiary of Russian investment bank Otkritie Financial as director of equity sales trading. D'Angelo, a 20-year veteran, will lead the firm's effort to establish a trading desk and sales effort for North America. He comes from hedge fund Hyerdale Capital, where he was a portfolio manager and managing partner for the last five years.

Prior to that, he was head of equity trading at Dresdner Kleinwort Wasserstein and did a stint at Credit Suisse, managing its Asian equity trading desk.

OTKRITIE Bank ranks among Russia’s Top-20 private banks in terms of net assets and equity. As of October 1, 2010 the Bank’s assets amount to RUB110bn, while equity capital totals RUB17bn. The Bank has a ramified regional network with a presence in 32 regions of the Russian Federation and over 200 outlets. The main shareholder of OTKRITIE Bank is OTKRITIE Financial Corporation, one of Russia’s leading banking groups, which offers its clients and partners the full array of investment banking, commercial banking, and investment management services.