GF
Sector: Research
The eFC Interview: David Woods, co-chief executive officer, Rasmala Investment Bank
Rasmala is a regional investment bank, which last year teamed up with Royal Bank of Scotland to launch a joint equity research venture on Middle Eastern companies. Understandly, therefore, the bank has been building in this division throughout 2010, but this is not the limit of its recruitment activity. We spoke to David Woods, the [...]
GUEST COMMENT: How to succeed in next week’s CFA Level 1 exams
Next week, thousands of candidates will sit the CFA Level 1 exam in London. If you’re one of them, take careful note of the tips below. They should help you tackle Level 1 successfully. 1. Study the CFA curriculum; visit our website for the Candidate Preparation Toolkit (latest info on curriculum, errata, exam rules, sample [...]
Who is Walid Shihabi?
Shuaa Capital has again shaken up its senior ranks, this time unveiling Walid Shihabi as CEO for its brokerage business, following the resignation of Mohammed Ali Yasin last week. As part of our quest to shed a little more light on how senior Gulf-based finance professionals make it to the upper echelons, here’s a little [...]
Beirut’s battle for banking recognition
Despite a stable banking system – and the recent charm offensive – Lebanon still faces an uphill struggle luring international firms to its borders and becoming a major Gulf financial centre. However, financial services companies have another motivation for moving there – tapping into rich supplies of comparatively cheap talent. The political instability in Lebanon [...]
Gulf banks reeling in equity researchers
The hiring spree for equity researchers within international banks in the Gulf may have tailed off towards the end of 2008, but as firms look to gain ground in new markets and sectors demand for analysts is taking off again. The likes of UBS and Deutsche Bank were actively building equity research teams in the [...]
Hiring freeze at international banks?
On the face of it, international investment banks are ramping up their teams in the Middle East. However, it could be that many are only transferring existing staff across to the region and opportunities for external hires are actually few and far between. The Financial Times reports that investment bankers in the likes of Citi, [...]
Say hello to the new wave of European banks
With the likes of UBS, Deutsche Bank and Credit Suisse all heavily increasing their presence in the GCC recently, it’s easy to miss the raft of job opportunities at a number of Europe’s smaller financial institutions. This week Intesa SanPaolo, Italy’s second largest bank behind UniCredit, opened in the Dubai International Finance Centre (DIFC) to [...]
IPO explosion fuels rising demand for ECM staff
Equity capital markets (ECM) has been teetering on the edge of exploding into action in the Middle East, but now it’s in full flow. ECM professionals are, therefore, increasingly becoming hot property. At least 120 initial public offerings (IPOs) are planned in the GCC through to 2010 as more and more firms turn to equity [...]
UBS to double Gulf staff numbers
Forget the 2,600 investment banking redundancies in its western operations and the $37bn in subprime-related writedowns, UBS is in expansion mode in the Middle East. Having gained a licence to operate in Saudi Arabia, the bank will be moving fixed income banker Mohamed Sammakia over to head the office and is also applying for a [...]
New rules threaten analyst independence
The demand for equity research analysts in the UAE might be on the up, but a new law could place restrictions on what they can report and undermine their objectivity. In the West, equity researchers have to be careful not to release misleadingly positive data on companies, but new rules proposed by the Emirates Securities [...]
Follow eFinancialCareers
What is RSS?
