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dynasties

September 1, 2005

As the need for outside investment slowly erodes a corrupt regulatory environment and the shackles of state control, Shamil Magomedov and Melanie Stern find foreign private banks looking to Russia to tap into the burgeoning family business sector

Shamil Magomedov is editor-in-chief of the Russian version of Families in Business. He lives in Moscow
Melanie stern is section editor of Families in Business

As the need for outside investment slowly erodes a corrupt regulatory environment and the shackles of state control, Shamil Magomedov and Melanie Stern find foreign private banks looking to Russia to tap into the burgeoning family business sector

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