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Two-Man London Firm Scoops Up Russia Work Dumped by Big Banks

  • i2 becomes debt-market middleman for Gazprom, Polyus, Lukoil

  • Limerick-based firm occupies discarded shell companies

Beaming from behind laptops in the shadows of a lounge bar, Sanjay Jobanputra and Mark Brescacin strike an informal pose in the only real photo on an Instagram account associated with their company.

The former employees of BNY Mellon and advisory firm D.F. King will be the founders of Londonbased firm i2 Capital Markets Ltd. You will possibly not guess it from the informal snapshot and i2s bare corporate website, but come early july they quietly overran the role of debt-market middlemen to the largest companies in Russia.

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