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   About us

Our management: Whales was founded in the year 2000 by Aida Rushmanova, who managed to gather a highly skilled and dynamic management team and raised funds for the company.


Whales legal discovered a very attractive niche on the market of legal services which it occupied by targeting exclusively banks - banking mergers and acquisitions (M&A), licensing and reorganizations. Having managed to attract Russian and biggest world’s banks, the company grew rapidly.


In 2002 Whales launched Whales Group to provide consulting services for banking M&A employing high level management consultants and banking auditors. Today among its clients Whales Group has such banks as NikOil bank, National Factoring Bank, Master Bank, 1-st Capital Bank, EuroCredit Bank and many more. In total, Whales acquired as clients more than 250 banks during its seven years of operation.


In June 2006 Firm’s Secret Magazine reported that WG captured around 50% of the market of indirect banking M&A in Russia.


In July 2007 Forbes (Russian Edition) named WG the biggest in this market.


Whales Group is a member of Association of Russian Banks, its CEO is a Representative of the Association of Independent European Lawyers (AIEL) in Russia. Whales legal is listed with the international legal index Martindale Hubble which also regularly publishes WG’s articles.


The history of Whales is many times described in Russian business press. Management’s interviews & comments are regularly published in Business Week (Russian edition), Expert, Forbes (Russian edition), Commersant, Vedomosti (Russian business newspaper owned by WSJ and FT), Russia Journal, Company Management, Boss, Banking review etc., Whales managers are frequent speakers at main banking and economic conferences.




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