Tag: Top tier
Battle of the private banks: international versus regional players
Even in the relatively buoyant wealth management sector, international banks have taken their foot off the gas when it comes to expansion. Now, however, they’re facing some tough competition retaining people from high-paying regional players. From a career perspective, which what are the advantages of working for each? The likes of Barclays Wealth, Credit Suisse, [...]
ADIA targets local candidates (very) early
In what now seems like an annual PR push, the Abu Dhabi Investment Authority (ADIA) has offered another insight into its recruitment practices and revealed that, when it comes to hiring local candidates, it targets them early. ADIA identifies local candidates, what it terms “future leaders”, at high school and – after series of interviews [...]
GUEST COMMENT: You’re better off approaching your goals in a roundabout fashion
Where do you want to be in 10 years’ time? Do you want to be a managing director at a ‘top tier’ bank, bringing home million dollar bonuses? If so, making this your explicit aim may not be the best way of achieving it. For many of the most successful business leaders, the explicit aim [...]
Gulf SWFs look to international investment banks for M&A teams
Gulf sovereign wealth funds have been stretching their influence beyond the region this year and getting involved in a large number of global M&A deals. As a result, they’re looking to recruit investment bankers with experience in international firms. SWFs in the UAE have been involved in M&A deals worth over $9.3bn in the first [...]
The renewed appeal of working for a local firm
Domestic players in the Middle East seem to have suddenly become very adept at attracting high level banking talent away from big international firms. It helps, of course, that they’re offering guaranteed bonuses. “International banks have largely frozen recruitment, which makes it much easier for local firms to attract top talent,” says Adam El-Balawi, director, [...]
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