Sector: Investment Banking / M & A

Failing to keep up with the Dhow Joneses

Despite a candidate-driven market, it seems local banks in the Middle East have not been pushing the dhow out far enough to attract staff. A senior local recruiter in Dubai says that as a result they are losing staff to the international banks as compensation becomes more focused on bonuses. Some of the newer regional [...]

By Sarah Butcher, 18 May 2007 • 1 comment

Guest comment: M&A bankers don’t deserve their pay

William D. Cohan, a former managing director at JPMorgan Chase & Co. and former VP at Lazard Frères, explains why M&A bankers don’t merit mega-bucks. The end of the first quarter of 2007 brought the news that global announced M&A deal volume for the three-month period topped US$1.1trillion – making this first quarter the busiest [...]

By Bill Cohan, 3 May 2007 • 9 comments

FIG will be big in the Gulf

Gulf banks are increasingly eager to tie the knot, and Financial Institutions Group bankers with local contacts may yet be needed to make some introductions. Nuptials in the Gulf’s fragmented and over-banked market have already begun, with the National Bank of Dubai and Emirates Bank International in talks to create a new regional giant with [...]

By Amil Khan, 19 April 2007 • 2 comments

Junior corporate financier? Dubai banks want you

Are you a junior corporate financier with a few years’ experience under your belt? You could be just what Gulf banks are looking for. “Demand is very high in corporate finance for people who have two to three years’ experience,” says Samar El Gazar, MD of Dubai-based recruitment firm Leaders Solutions. “Local as well as [...]

By Amil Khan, 7 March 2007 • 2 comments