Tag: Investment Banking
Day in the Life: Investment banking analyst
Name: Carmen Chan Firm: UBS Title: Analyst Dept: Investment banking 7.30am – 9.00am It is always hard to describe a typical day at work because you never know when the markets or a transaction will take a sudden turn. That being said, I usually start my day around 7.30-8.00am from home. One of the first things I do is [...]
GUEST COMMENT: What happens when your investment banking CV sends the wrong message
Mixed messages in CVs usually derive from the writer’s own mind set and that rule applies to investment bankers, fund managers, private bankers, traders of any age or nationality. From my City experience I find there are usually two mind sets which create mixed messages: Superhero and scarecrow. What are these and how can they be [...]
Morgan Stanley and Oliver Wyman have produced their annual report on the state of the investment banking industry. This is what you need to know if you want your career to last
First there was the enormous report from JPMorgan on the state of the investment banking industry. Now we have another enormous report from Morgan Stanley and Oliver Wyman, also on the state of the investment banking industry. Morgan Stanley/Oliver Wyman’s report is an update of something they produce every year (last year they gave a [...]
Investment banking likely to be included in HSBC’s latest MENA job cuts
HSBC is cutting back its 12,000-strong MENA workforce and we understand that its investment bank is likely to be included in the cuts. Staff at the bank were informed via e-mail today that redundancies would be taking place in the Middle East as HSBC looks to strip out 30,000 jobs globally, according to a report [...]
These are the roles a CFA can help you attain in the Middle East
Since the financial crisis of 2008, the number of people in the Middle East seeking the security of a professional qualification has risen dramatically. More people are taking MBAs and finance-related MScs, but there’s also been a proliferation of financial professionals undertaking the Chartered Financial Analyst qualification. In 2008, there were around 645 CFA charterholders [...]
The Middle East is the only region where headcount has INCREASED at UBS
The fourth quarter of 2011 was not a good one for UBS – profits have tumbled by 76% year-on-year, its investment bank has posted another loss, headcount is being slashed and the bonus pool could be down by as much as 60%. Yet in the Middle East and Africa, where it admittedly employs a comparatively [...]
Why investment bankers in the Gulf should be eyeing a move to VTB Capital
In the current climate, few firms are talking up expansion plans, which is why Russian investment bank VTB Capital’s international recruitment drive – including big plans for the Middle East – is garnering a lot of attention. Last year, VTB Capital hired 25 front office investment bankers for its overseas operation and has plans to [...]
2012: What will go up and what will go down in Gulf financial services recruitment?
This year was one of upheaval for the Middle East as a whole, yet one of relative inaction in the financial services recruitment sector as most firms remained cautious because of regional concerns and escalating problems elsewhere in the world. Comparatively speaking, the Middle East financial sector has remained resilient in the wake of turmoil [...]
Who hired in the Middle East in November?
A number of international investment banks have named new regional heads in November, but generally the number of new recruits announced during the month has been relatively few. Ajman Bank has a new head of branches in the emirate of Ajamn in Marwan Ibrahim Al Zarooni. Australia and New Zealand Banking Group (ANZ) has opened [...]
Should you be looking to land an opportunity in Iraq or Libya?
It wasn’t so long ago that suitcase bankers from international organisations were flying in and out of Dubai, Qatar and Abu Dhabi to take advantage of the nascent, and growing, deal flow in the GCC. While these are still officially ‘frontier’ markets, bankers are now being transported to decidedly more risky locations – Iraq and [...]
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