Crunch time for banks

Simon Vine, Head of Fixed Income and Derivatives at Alfa Bank

1966 – Born in Moscow
1985 – Graduates, Institute of Finance and Economics, Moscow
1987 – Receives MBA, Columbia Business School
1992 – Manages foreign exchange trading at Societe Generale, Philadelphia and Chicago Exchanges
1993 – Manages foreign exchange and metals options group, Union Bank of Switzerland
1995 – Manages proprietary hedge fund, REFCO
1998 – Senior Director of Derivatives, American Express Bank
1998 – Joins Alfa Bank
2006 – Receives PhD in finance, Academy of National Economics

Today we will talk about banking. Finance Minister Kudrin says the crisis in Russia will last for three years and will hit bottom by the end of 2009. What do bankers have to say in this respect? My guest today is Simon Vine, Head of Fixed Income and Derivatives at Alfa Bank.