Claim: FIBO group was established in 1998 as an investment consulting firm Financial Intermarket Brokerage On-Line and was a prominent player on the Russian (Russian Federation) financial market.
Evidence: FIBO group was established in 1998 as an investment consulting firm Financial Intermarket Brokerage On-Line (FIBO). FIBO Group was a prominent player on the Russian financial market. Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. 
Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. 1998 FIBO Group was a prominent player on the Russian financial market. Financial services FIBO group was established in 1998 as an investment consulting firm Financial Intermarket Brokerage On-Line (FIBO).